On December 20th, 2018, the SEC's Office of Compliance Inspections and Examinations (OCIE) announced its examination priorities. Particular emphasis will be on adviser fees and expenses as well as digital assets and cybersecurity.
Tags: Hedge Funds, Cyber & Privacy Liability, OCIE, Office of Compliance Inspections and Examinations, Private Equity, regulations, regulatory risk, Securities and Exchange Commission, Cyber Security
If you’re a fund manager, you’ll want to be in the know on 2018 SEC Priorities for the National Exam Program (“NEP”), which continues to advance in terms of data usage to analyze regulatory filings and trading activity.
Tags: insurance, directors and officers coverage, hedge funds, Iron Cove Partners, OCIE, Office of Compliance Inspections and Examinations, Private Equity, Professional Liability, regulations, regulatory risk, SEC, SEC Investigations, Examinations, Securities and Exchange Commission
We recently received a referral from a consultant who was asked to assist their client with the D&O insurance buying process. He reached out to us and asked if we can help as he felt his client needed more guidance and advice than they were getting. Who can blame them? Management Liability Insurance is complex and it's not a cheap purchase. Hence clients expect, as they should, to be educated on the product and how it will address their specific risks and concerns.
Tags: insurance, C-Suite, Case Study, CCO, CFO, client, COO, Coverage, hedge fund, Indemnity, new, protection, regulatory, regulatory claims, regulatory coverage, regulatory risk, Risk, SEC
Our team regularly speaks with emerging managers about purchasing D&O Insurance at the early stages of fund formation and the cost feasibility of such an investment.
Tags: Insurance, insurance, investor risk, advisory, brokerage, directors and officers liability, Directors & Officers Liability, emerging hedge fund manager, feasibility, hedge funds, Iron Cove Partners, Lou D'Agostino, protection, regulatory risk
