By Charles Lerner, Principal of Fiduciary Compliance Associates and John Roth, CCO of Venor Capital Management
On April 19, 2016, the SEC conducted a Compliance Outreach Program for investment adviser and investment company senior officers. The conference was broadcast live and will be available on the SEC’s website.
We think the sessions on private funds advisers, questions and answers for advisers with $1 billion or less in regulatory AUM, and hot topics each provided helpful insights into the SEC’s thinking. While the SEC staff and some of the other presenters discussed issues of interest to the SEC, we believe that CCOs would benefit from additional practical advice on how to handle the issues addressed.
