Join us May 9-11, 2018 in Amelia Island for ACA's Spring 2018 Compliance Conference. Registration will open in January.
ACA's Jack Rader will be speaking at the BISA Compliance Conference in Washington, DC.
The following article was featured in the September 2017 edition of Financier Worldwide. It was written by ACA's Jami Jack and Ken Harman.
It is hardly surprising that European technology investment has grown tremendously over the past few years, given the fresh wave of innovative start-ups coming on the scene each month. As a consequence, Europe is now home to a host of mature yet fast-growing technology businesses, such as Auto1, blablacar, Klarna, iZettle and SumUp.
Managing the marketing review process can be a time-consuming and labor-intensive task. Many marketing reviews are conducted over email with no true audit trail or record of the approval process. At the 2017 PEI Private Fund Forum in New York City, 83% of the attendees polled at the event noted that they are either exploring workflow tools to support the marketing review process or haven’t assessed tools yet.
On September 14, 2017, the SEC’s Office of Compliance Inspections and Examinations (“OCIE”) issued a National Exam Program Risk Alert related to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the “Advertising Rule”).
The MiFID II deadline is fast approaching and many firms are in the midst of implementing the proper operational and regulatory changes necessary to comply with the new European directive. How do you know your implementation is in-line with your peers and you have the balance right between commercial expectations and compliance with the directive? Have you independently tested what you’ve done to ensure you’ve covered every last detail?
A thoughtful approach to risk management has been the expectation of financial services industry regulators, including the SEC, for quite some time. In 2014, the Office of the Comptroller of the Currency (“OCC”) adopted guidelines applicable to certain banks which established standards for a risk governance framework commonly referred to as the “lines of defense” model. The line of defense risk management model has been implemented by those banks and bank affiliates to which the OCC guidelines apply.
Please join speakers David B. Berg and Erika C. Chua of ACA Compliance Group and Elizabeth K. Sipes of Bryan Cave on October 10, 2017 at 11 a.m. ET for a live webcast to discuss the recent changes to the Form ADV as well as other technical amendments that were enacted along with the updates to the Form ADV.
Below are the regulatory filing submission deadlines occurring from October through December 2017.
The U.S. Securities and Exchange Commission (SEC) announced two cyber enforcement initiatives on September 25, 2017 to address cyber threats and protect retail investors. The SEC will create a Cyber Unit to target cyber-related misconduct and establish a Retail Strategy Task Force to enforce initiatives that impact retail investors.