The Securities and Exchange Commission (SEC) has full authority to conduct examinations of exempt reporting advisers (“ERA”) books and records at any time, making it imperative that ERAs are vigilant with their compliance responsibilities.
To help ERAs understand their compliance obligations, we created a checklist outlining the requirements specific to exempt reporting advisers and advisers managing private funds.
A few compliance requirements included on the checklist are:
- Submitting and updating Form ADV Part 1A
- Regulation D and State Blue Sky Filings
- Adopting and maintaining a Code of Ethics
Contact us if you any questions about our private fund adviser compliance software.