Articles By Topic
By Topic: Conferences
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From Vol. 6 No.9 (Feb. 28, 2013)
RCA Symposium Identifies Best Practices for Hedge Fund Managers on Topics Including Insider Trading, Compliance Reviews, SEC Examinations, Fund Governance, Form PF and Marketing and Advertising (Part Two of Two)
On December 18, 2012, the Regulatory Compliance Association held its Compliance, Risk & Enforcement Symposium at the Pierre Hotel in New York City. Participants at the event included leading hedge fund industry professionals, and panels focused on topics including insider trading, compliance programs and reviews, SEC examination priorities, hedge fund governance, Form PF and marketing and advertising issues. This article – the second installment in a two-part series covering the Symposium – discusses SEC examination priorities (and practical guidance for addressing areas of concern); recent trends in hedge fund governance; lessons learned from initial Form PF filings and strategies for completing Form PF; and marketing and advertising issues, including a discussion of the JOBS Act and related topics. The first installment covered, among other things: insider trading (including a discussion of manager cooperation, the elements of insider trading, the continuing viability of the mosaic theory, insider trading investigative techniques and the use of expert networks and paid consultants); and compliance programs and reviews (including a discussion of the approach to and framework for hedge fund compliance programs and reviews, and specific policies and procedures designed to address trading risks). See “RCA Symposium Identifies Best Practices for Hedge Fund Managers on Topics Including Insider Trading, Compliance Reviews, SEC Examinations, Fund Governance, Form PF and Marketing and Advertising (Part One of Two),” The Hedge Fund Law Report, Vol. 6, No. 8 (Feb. 21, 2013).
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From Vol. 6 No.8 (Feb. 21, 2013)
RCA Symposium Identifies Best Practices for Hedge Fund Managers on Topics Including Insider Trading, Compliance Reviews, SEC Examinations, Fund Governance, Form PF and Marketing and Advertising (Part One of Two)
On December 18, 2012, the Regulatory Compliance Association held its Compliance, Risk & Enforcement Symposium at the Pierre Hotel in New York City. Participants at the event included leading hedge fund industry professionals, and panels focused on topics including insider trading, compliance programs and reviews, SEC examination priorities, hedge fund governance, Form PF and marketing and advertising issues. We are covering the Symposium in a two article series. This first installment addresses, among other things: insider trading (including a discussion of manager cooperation, the elements of insider trading, the continuing viability of the mosaic theory, insider trading investigative techniques and the use of expert networks and paid consultants); and compliance programs and reviews (including a discussion of the approach to and framework for hedge fund compliance programs and reviews, and specific policies and procedures designed to address trading risks). The second installment will discuss SEC examination priorities (and practical guidance for addressing areas of concern); recent trends in hedge fund governance; lessons learned from initial Form PF filings and strategies for completing Form PF; and marketing and advertising issues, including a discussion of the JOBS Act and related issues.
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From Vol. 6 No.4 (Jan. 24, 2013)
K&L Gates Investment Management Seminar Provides Guidance for Hedge Fund Managers on Social Media, Pay to Play Rules, ERISA Rule Changes, AIFMD, SEC Examination and Enforcement Priorities, Form PF, the JOBS Act, CPO Regulation and FATCA
On December 5, 2012, international law firm K&L Gates held its 2012 Investment Management Conference in New York. Speakers at the conference provided guidance on various regulatory developments impacting hedge funds, including: the use of social media; pay to play rules; rule changes under the Employee Retirement Income Security Act of 1974 (ERISA) impacting managers of plan assets; the E.U. Alternative Investment Fund Managers Directive (AIFMD); SEC examination and enforcement priorities; Form PF; the JOBS Act; regulation of commodity pool operators (CPOs); and the Foreign Account Tax Compliance Act (FATCA). This article highlights the key points discussed at the conference on each of the foregoing topics.
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From Vol. 5 No.42 (Nov. 9, 2012)
Annual Thompson Hine Hedge Fund Seminar Focuses on Implications for Hedge Fund Managers of the JOBS Act, Form PF and Form CPO-PQR
On October 4, 2012, Thompson Hine LLP hosted its annual Hedge Fund Seminar, which this year was entitled, “The JOBS Act and Dodd-Frank – Two Years Later.” Speakers at the event addressed the impact of Form PF and Form CPO-PQR as well as the anticipated impact of the Jumpstart Our Business Startups (JOBS) Act on hedge fund managers. In addition, the speakers discussed the building blocks of a culture of compliance at hedge fund management companies. This article summarizes the most salient points raised at the seminar.
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From Vol. 5 No.40 (Oct. 18, 2012)
Sixth Annual Hedge Fund General Counsel Summit Highlights SEC Enforcement Priorities, Side Letters, Investment Allocations, Expense Allocations, Trade Errors, Record Retention, Fund Marketing, Secondaries, JOBS Act and STOCK Act (Part Two of Two)
On September 18 and 19, 2012, ALM Events hosted its Sixth Annual Hedge Fund General Counsel Summit (GC Hedge Summit) at the University Club in New York City. Panelists, including regulators, in-house practitioners and law firm professionals, discussed topics of significant relevance for hedge fund general counsels, including: SEC enforcement priorities relating to hedge funds; the nuts and bolts of a successful hedge fund compliance program (including a discussion of side letters, investment allocations, expense allocations, trade errors and record retention); marketing of hedge funds (including a discussion of compensation of marketing professionals and the Jumpstart Our Business Startups (JOBS) Act); secondary market transactions in fund shares; and the Stop Trading on Congressional Knowledge Act of 2012 (STOCK Act) and its implications for the gathering of political intelligence. See “JOBS Act: Proposed SEC Rules Would Dramatically Change Marketing Landscape for Hedge Funds,” The Hedge Fund Law Report, Vol. 5, No. 34 (Sep. 6, 2012). Our coverage of the GC Hedge Summit is provided in two installments. The first installment covered the sessions addressing the nuts and bolts of a successful compliance program, marketing of hedge funds and secondary market transactions in hedge fund shares. See “Sixth Annual Hedge Fund General Counsel Summit Highlights SEC Enforcement Priorities, Side Letters, Investment Allocations, Expense Allocations, Trade Errors, Record Retention, Fund Marketing, Secondaries, JOBS Act and STOCK Act (Part One of Two),” The Hedge Fund Law Report, Vol. 5, No. 39 (Oct. 11, 2012). This second article covers the session discussing the SEC’s enforcement priorities and the session discussing the implications of the STOCK Act for the gathering of political intelligence by hedge fund managers. In particular, this article includes a comprehensive summary of the keynote address by Bruce Karpati, Co-Chief of the Asset Management Unit of the SEC’s Division of Enforcement.
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From Vol. 5 No.39 (Oct. 11, 2012)
Sixth Annual Hedge Fund General Counsel Summit Highlights SEC Enforcement Priorities, Side Letters, Investment Allocations, Expense Allocations, Trade Errors, Record Retention, Fund Marketing, Secondaries, JOBS Act and STOCK Act (Part One of Two)
On September 18 and 19, 2012, ALM Events hosted its Sixth Annual Hedge Fund General Counsel Summit (GC Hedge Summit) at the University Club in New York City. Panelists, including regulators, in-house practitioners and law firm professionals, discussed topics of significant relevance for hedge fund general counsels, including: SEC enforcement priorities relating to hedge funds; the nuts and bolts of a successful hedge fund compliance program (including a discussion of side letters, investment allocations, expense allocations, trade errors and record retention); marketing of hedge funds (including a discussion of compensation of marketing professionals and the Jumpstart Our Business Startups (JOBS) Act); secondary market transactions in fund shares; and the Stop Trading on Congressional Knowledge Act of 2012 (STOCK Act) and its implications for the gathering of political intelligence. Our coverage of the GC Hedge Summit is provided in two installments. This first installment covers the session addressing the nuts and bolts of a successful compliance program and the session addressing marketing of hedge funds and secondary market transactions in hedge fund shares. The second article will cover the session discussing the SEC’s enforcement priorities and the session discussing the implications of the STOCK Act for the gathering of political intelligence by hedge fund managers. See also “Political Intelligence Firms and the STOCK Act: How Hedge Fund Managers Can Avoid Potential Pitfalls,” The Hedge Fund Law Report, Vol. 5, No. 14 (Apr. 5, 2012).
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From Vol. 5 No.39 (Oct. 11, 2012)
Former Federal Prosecutors Share Perspectives on Insider Trading Hot-Button Issues and Enforcement Trends Relevant to Hedge Fund Managers
At an October 1, 2012 event co-sponsored by The National Law Journal; MoloLamken LLP; Wachtell, Lipton, Rosen & Katz; and Wilmer Cutler Pickering Hale & Dorr LLP, an illustrious panel of former federal prosecutors discussed the current state of insider trading enforcement and reviewed numerous hot-button issues of interest to hedge fund managers and other investors. This article summarizes the key insights from the panel discussion.
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From Vol. 5 No.24 (Jun. 14, 2012)
Davis Polk “Hedge Funds in the Current Environment” Event Focuses on Establishing Registered Alternative Funds, Hedge Fund Manager M&A and SEC Examination Priorities
On May 11, 2012, the New York City Bar Association held its annual “Hedge Funds in the Current Environment” program co-hosted by law firm Davis Polk & Wardwell LLP. Speakers at this event addressed various topics of current relevance to the hedge fund industry, including: SEC examination priorities, such as insider trading, trade reviews and asset verification; establishing registered alternative funds; trends in hedge fund manager mergers and acquisitions; and hedge fund advertising after passage of the Jumpstart Our Businesses Startups (JOBS) Act. Notably, Norm Champ, Deputy Director of the Office of Compliance Inspections and Examinations with the SEC, provided an up-to-date view of the SEC’s examination priorities in relation to hedge funds and their managers. This article summarizes the key points discussed at the conference relating to each of the foregoing topics.
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From Vol. 4 No.46 (Dec. 21, 2011)
RCA Asset Management Thought Leadership Symposium Highlights Regulators’ Examination and Enforcement Priorities, the New SEC Examination Paradigm and Liability Concerns for CCOs and General Counsels
On November 10, 2011, the Regulatory Compliance Association held its Annual Fall Asset Management Thought Leadership Symposium (RCA Symposium) in New York City. Panelists repeatedly emphasized the trend towards increased regulatory scrutiny of hedge fund managers. The SEC’s Division of Enforcement (Enforcement Division) anecdotally confirmed this sentiment the day before the RCA Symposium when it announced that it had filed a record 735 enforcement actions against a variety of market professionals during fiscal year 2011. Through these actions, the SEC has demonstrated its willingness to hold not only firms liable for their compliance failures, but also those individuals that provided inadequate oversight of their firms’ compliance programs. See “Three Recent SEC Orders Demonstrate a Renewed Emphasis on Investment Adviser Compliance Policies and Procedures by the Enforcement Division,” The Hedge Fund Law Report, Vol. 4, No. 45 (Dec. 15, 2011). Speakers at the RCA Symposium addressed numerous topics, including: examination and enforcement priorities for the SEC and the NFA; the different types of SEC and NFA examinations; recent examination experiences and advice on preparing for examinations; the reality of CCO and GC liability for compliance failures; and the need for operational changes in light of new regulations impacting hedge fund managers. This article summarizes key points discussed during the RCA Symposium on each of the foregoing topics.
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From Vol. 4 No.42 (Nov. 23, 2011)
Speakers at Walkers Fundamentals Hedge Fund Seminar Provide Update on Hedge Fund Terms, Governance Issues and Regulatory Developments Impacting Offshore Hedge Funds
On November 8, 2011, international law firm Walkers Global (Walkers) held its Walkers Fundamentals Hedge Fund Seminar in New York City. Speakers at this event addressed various topics of current relevance to the hedge fund industry, including: recent trends in offshore hedge fund structures; hedge fund fees and fee negotiations; fund lock-ups; fund-level and investor-level gates; fund wind-down petitions and the appointment of fund liquidators; corporate governance issues; D&O insurance; fund manager concerns with Form PF; and offshore regulatory developments, such as proposed legislation requiring registration of certain master funds in the Cayman Islands, the EU’s Alternative Investment Fund Manager (AIFM) Directive and the British Virgin Islands (BVI) Securities & Investment Business Act (SIBA). This article summarizes the key points discussed at the conference relating to each of the foregoing topics and others.
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From Vol. 4 No.36 (Oct. 13, 2011)
Public Pension Funds and Endowments Increase Allocations to Hedge Funds, While Allocations from Family Offices Slide
On September 27, 2011, investment management software and services provider PerTrac hosted a webinar entitled “Institutional Asset Allocation: The Latest Trends From Pensions, Family Offices and Endowments.” Lois Peltz, of information service provider Infovest21, delivered the presentation, which was the second of a two-part series. The presentation laid out the results of Infovest21’s recent study (Study) of where and how family office, public pension fund and endowment assets are being allocated. See “Developments in Family Office Regulation: Part Three,” The Hedge Fund Law Report, Vol. 4, No. 23 (Jul. 8, 2011). The purpose of the event was to keep hedge fund managers, among others, up to date on investing trends and provide insight into how institutional investors are making investment decisions. See “Implications for Hedge Funds of a Potential Paradigm Shift in Pension Fund Allocation Strategies,” The Hedge Fund Law Report, Vol. 3, No. 16 (Apr. 23, 2010). This article summarizes the salient ideas and investment trends discussed in the course of the webinar.
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From Vol. 4 No.35 (Oct. 6, 2011)
FINforums’ Annual Hedge Fund Summit Focuses on Operations, Marketing and Hedge Fund Strategies in Non-Hedge Fund Structures
On September 14, 2011, FINforums held its Annual Hedge Fund Summit. Participants at the summit discussed hedge fund service providers; outsourcing; business continuity and disaster recovery plans; five important points with respect to hedge fund marketing; five specific steps to be taken by hedge fund managers seeking seed capital; and the evolution of hedge fund strategies in non-hedge fund structures, including managed accounts, investable hedge fund indices, hedge fund-like mutual funds and UCITS. This article summarizes the key points made by presenters at the Summit.
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From Vol. 3 No.41 (Oct. 22, 2010)
Participants at Fourth Annual Hedge Fund General Counsel Summit Outline Key Risks Facing Hedge Fund Managers and How to Address Them
On October 4, 2010, ALM Events hosted its fourth annual Hedge Fund General Counsel Summit in New York City. The event brought together a number of industry thought leaders who identified key areas of risk facing hedge fund managers, and offered ideas on how to address those risks. Specifically, participants at the Summit discussed: Dodd-Frank; insider trading; implementing and maintaining ethical walls; investors’ due diligence expectations; risk management trends; preparing for an SEC examination; and developing pay to play policies and procedures. This article summarizes some of the key ideas discussed at the Summit.
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From Vol. 3 No.17 (Apr. 30, 2010)
ACI’s National Advanced Forum on Regulation and Enforcement of Hedge Funds & Investment Advisers Scheduled for June 24-25 in New York
Financial reform is in full swing, and hedge funds in particular are under the microscope. The SEC has stepped up its enforcement activity with respect to hedge funds. See “Hedge Funds in the Crosshairs: The Law of Insider Trading in an Active Enforcement Environment,” The Hedge Fund Law Report, Vol. 3, No. 7 (Feb. 17, 2010). Furthermore, Congress is pushing to increase transparency and accountability within the industry, and mandatory registration of hedge fund advisers is likely. See “Does the IOSCO Hedge Fund Disclosure Template Foreshadow the Content of Hedge Fund and Hedge Fund Adviser Disclosures to be Required by the SEC?,” The Hedge Fund Law Report, Vol. 3, No. 15 (Apr. 16, 2010). These issues and others will be addressed at ACI’s National Advanced Forum on Regulation and Enforcement of Hedge Funds & Investment Advisers, scheduled for June 24-25, 2010 at the Carlton in New York, NY.
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From Vol. 3 No.2 (Jan. 13, 2010)
Institutional Investor Forum 2010 Scheduled for January 27, 2010
Attorneys, compliance officers and regulatory professionals whose practice is or has been impacted by actions taken by institutional investors, such as funds of funds, pension plans, endowments, insurance companies, family offices and high net worth investors, may be interested in attending PLI’s Institutional Investor Forum 2010. This full-day program is scheduled to take place live in PLI’s New York City Conference Center, via Live Webcast at www.pli.edu and via Groupcasts in Philadelphia and Pittsburgh on January 27, 2010.
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From Vol. 3 No.2 (Jan. 13, 2010)
Activist Investor Conference 2010 to be Held in New York Next Week
The Activist Investor Conference 2010 will take place at the Westin Times Square in New York from January 21-22, 2010. Shareholder activism has intensified due to highly publicized corporate failures and controversy over executive compensation in light of poor corporate performance. Newly proposed rules to facilitate shareholder participation in board decisions will ensure that the trend continues.
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From Vol. 2 No.38 (Sep. 24, 2009)
3rd Annual Hedge Fund General Counsel Summit, October 1, 2009, Greenwich, CT; Special Offer for Hedge Fund Law Report Subscribers
The troubled economy, recent industry scandals and a new administration calling for increased accountability and regulation is driving the hedge fund industry into a perfect storm. Hedge fund executives must monitor the winds of change to protect their funds, their reputations and their investors. The 3rd Annual Hedge Fund General Counsel Summit, taking place on October 1, 2009, in Greenwich, CT, will address these and other concerns by delivering cutting-edge information and facts essential to success in today’s climate. Subscribers and trial subscribers to The Hedge Fund Law Report are eligible for a special discount offer. Click on the “Read full article” link to access details of the special discount offer.
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From Vol. 2 No.36 (Sep. 9, 2009)
3rd Annual Hedge Fund General Counsel Summit, October 1, 2009, Greenwich, CT
The troubled economy, recent industry scandals and a new administration calling for increased accountability and regulation is driving the hedge fund industry into a perfect storm. Hedge fund executives must monitor the winds of change to protect their funds, their reputations and their investors. The 3rd Annual Hedge Fund General Counsel Summit, taking place on October 1, 2009, in Greenwich, CT, will address these and other concerns by delivering cutting-edge information and facts essential to success in today’s climate.
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From Vol. 2 No.31 (Aug. 5, 2009)
3rd Annual Hedge Fund General Counsel Summit, October 1, 2009, Greenwich, CT
The troubled economy, recent industry scandals and a new administration calling for increased accountability and regulation is driving the hedge fund industry into a perfect storm. Hedge fund executives must monitor the winds of change to protect their funds, their reputations and their investors. The 3rd Annual Hedge Fund General Counsel Summit, taking place on October 1, 2009, in Greenwich, CT, will address these and other concerns by delivering the cutting-edge information and facts essential to success in today’s climate.
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