The Hedge Fund Law Report

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By Topic: Compliance Examinations

  • From Vol. 1 No.8 (Apr. 22, 2008)

    SEC to Issue Standardized Examination Letter

    • New, more concise requirements expected in upcoming months to replace last year’s highly criticized SEC NY Regional formal examination letter requirements.
    • Revised requirements to be narrowed to include disclosure of client assets under management, risk management and internal controls.
    • Compliance officers urged to integrate new SEC requirements into policies, procedures and practices.
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