Examining the Burdens and Benefits of a Remote Regulatory Environment

Regulatory agencies have been reacting to the ever-changing pandemic environment and deploying resources accordingly. Investigatory activity has accelerated since the beginning of the pandemic, and fund managers and other organizations continue to navigate the challenges of remote interviews and testimony; access to documents; negotiations with regulators; coronavirus-related compliance issues; and internal investigations. The above issues were explored at a recent New York City Bar Association program moderated by Andrew J. Ceresney, partner at Debevoise & Plimpton and former SEC Director of Enforcement, and featuring Cheryl Crumpton, head of litigation, regulatory enforcement and investigations at Robinhood; Mei‑Lin Kwan‑Gett, deputy GC and global head of litigation at Citigroup; and Jonathan Slonim, deputy GC and head of litigation and investigations at McKinsey & Company. See our two-part series “What Hedge Fund Managers Can Expect From SEC Remote Examinations”: Part One (May 12, 2016); and Part Two (May 19, 2016).

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