GRC Articles

February 15, 2017

The Global Investment Performance Standards (“GIPS®”) are a set of voluntary, ethical standards developed by CFA Institute in partnership with other organizations worldwide.  The creation of the GIPS standards was spurred by a need for prospective investors to be able to make meaningful comparisons of investment performance across multiple managers, for any given strategy.  As acceptance of the GIPS standards continues to spread globally, adoption remains especially strong in the United States.  Managers that are registered with the U.S.

February 1, 2017

Firms that claim compliance with the GIPS standards are required to notify CFA Institute of their claim of compliance. Each firm must submit the GIPS Compliance Form annually, by June 30th.  Any data included in this form must be as of the prior December 31st.  Firms completing the form currently must include data as of December 31, 2016. Note that the form can be submitted anytime between now and June 30th and is not dependent upon completion of a firm’s 2016 verification.

The 2017 form is now available and includes a few updates.

February 1, 2017

Proposed revisions to the Guidance on the Use of Supplemental Information were released for public comment on December 1, 2016.  The deadline for submitting comments is February 28, 2017.  We discuss key points from this draft Guidance Statement below.

September 23, 2016

The following article written by Brian Lattanzio and Ken Harman was featured in the September 2016 NSCP Currents Newsletter.

February 19, 2016

The following article appeared in the February 2016 edition of NSCP's Currents newsletter was written by Michael Abbriano, Senior Principal Consultant, ACA Compliance Group.

October 22, 2015

A program presented by The Hedge Fund Law Report and ACA Compliance Group (ACA) extracted compliance lessons for hedge fund managers from recent SEC enforcement actions in the areas of conflicts of interest, fees and expenses, chief compliance officer (CCO) liability, compliance resources and technology. The program, entitled “What Hedge Fund Managers Need to Know About SEC Enforcement Trends,” was moderated by William V. de Cordova, Editor-in-Chief of The Hedge Fund Law Report, and featured Barry P.

September 24, 2015

The following article was featured on September 24, 2015 in Hedge Fund Law Report.

June 29, 2015

Eighteen months remain until the "go live" date for MiFID II, January 3, 2017.

May 28, 2015

The follow article written by ACA's Tammy Tam was featured in BISA Magazine Q1 2015 issue.

 

Broker-dealers are constantly reminded of the areas of risk that regulators want to review. These risk areas are no secret; both the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC) issue a letter each year outlining their examination priorities.

May 13, 2015

The following article appeared in the May 13, 2015 issue of Ignites and was written by ACA Senior Principal Consultant Jason Rosenberg.

April 16, 2015

The following article appeared in The Hedge Fund Law Report on April 16, 2015.

April 8, 2015

The following articled appeared in The Cybersecurity Law Report on April 8, 2015.

March 2, 2015

The following article was written by ACA's Lawrence Florio, Brian Roberts, and Joel Stocksdale appeared in the March 2015 IAA Newsletter.

February 26, 2015

The following article appeared in the February 2015 NSCP Current's Newsletter and was written by ACA's Jessica Huelbig.