Overview
Course Description:
Private fund managers face many regulatory challenges that differ from other types of investment advisers. This session is designed to help compliance, legal and management professionals stay informed about recent and current regulatory priorities and initiatives affecting private fund managers, including the impact of the new Marketing Rule on private funds, and what the SEC’s proposed new rules for private funds identify issues that should be addressed now. The session will also provide information about industry best practices and SEC examination focus areas, including practical tips and summaries of recent notable cases.
Topics, among others, to be discussed include:
- Private fund marketing under the new rules.
- The impact of the SEC’s proposed private fund rules on your current compliance program.
- Allocation of investment opportunities.
- SEC examiners’ concerns regarding private fund / equity managers.
- Allocation of fees and expenses.
- Custody relief for privately offered securities.
- Conflicts of interests.
- Valuation issues.
After attending this course, attendees should be able to:
- Understand how new Marketing rules impact advertising and solicitation requirements for private funds.
- Review insider trading enforcement actions to pinpoint issues and risks specific to private funds.
- Use compliance best practices to refine conflicts of interest disclosures and enhance policies and procedures for allocation processes.
- Identify SEC exam focus areas to help private / equity funds prepare for regulatory exams.
- Analyze current compliance policies and procedures in light of the new proposed rule.
- Determine why cybersecurity risks are of special concern to private funds.
- Assess the firm’s valuation processes to prevent compliance violations and protect the interests of the fund’s investors.
Speakers
Coming soon.
Who is this for?
For Whom: Chief Compliance Officers, Management, Compliance Staff at all levels. Legal counsel, Operations Personnel, Trading personnel.
Suggested Skill Level: Intermediate
Instructional Method: Group Internet-Based
Pre-requisites for participation: No prerequisites are required.
Advance Preparation: None
Continuing Education Credits
NRS Continuing Education Guide
Recommended CPE Credit: 2 in the Regulatory Ethics field of study
Recommended IACCP® CE Credit: 2
Recommended CA MCLE Credit: 2