Aug 9, 2017 3:03:10 PM
On August 7th, 2017, the Office of Compliance Inspections and Examinations ("OCIE") released its observations from its Cybersecurity 2 Initiative. The staff examined 75 firms consisting of broker-dealers, investment advisers, and investment companies ("funds") in order to assess industry practices and legal and compliance issues associated with cybersecurity preparedness.
Read More
Tags:
insurance,
cyber,
Cyber & Privacy Liability,
Iron Cove,
Lou D'Agostino,
OCIE,
Office of Compliance Inspections and Examinations,
PII,
Policies,
Procedures,
Regulation,
Risk,
SEC,
Testing
Mar 4, 2017 11:50:32 AM
For Immediate Release
Read More
Tags:
Hedge Funds,
Insurance,
insurance,
alternative asset management,
best insurance provider,
Iron Cove Posts,
brokerage,
cyber,
directors and officers coverage,
Directors & Officers Liability,
Errors and Omissions,
global,
hedge fund,
hedge funds,
Hedgeweek,
Insurance Industry News,
Iron Cove Partners,
louis d'agostino,
SEC
Jan 6, 2017 1:05:55 PM
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.
Read More
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
Oct 31, 2016 2:29:11 PM
On October 11th, 2016, the Securities and Exchange Commission announced that, in fiscal year 2016, it filed 868 enforcement actions exposing financial reporting-related misconduct by companies and their executives and misconduct by registrants and gatekeepers, as the agency continued to enhance its use of data to detect illegal conduct and expedite investigations.
Read More
Tags:
Insurance,
insurance,
Iron Cove Posts,
Directors & Officers Liability,
D&O,
dodd-frank,
hedge fund,
Hedge Fund Regulation,
Iron Cove Partners,
Lou D'Agostino,
Regulation,
regulation,
Risk,
Risk Management,
SEC,
SEC Investigations
Oct 28, 2016 12:40:10 PM
Who: New York Based RIA & Private Fund with $400,000,000 in assets under management.
Read More
Tags:
hedge fund insurance,
Analysis,
Case Study,
Coverage,
Directors & Officers Liability,
D&O,
Errors and Omissions,
hedge fund,
Iron Cove,
Lou D'Agostino,
regulation,
Risk,
Risk Management,
SEC
Oct 18, 2016 6:03:28 PM
The SEC has commenced enforcement proceedings against a large greenwich based Hedge Fund siting violations of section 206(2), 206(4) and 206(4)-8 of the Investment Advisers Act in part resulting from inadequate insurance premium allocation methodology.
Read More
Tags:
hedge fund insurance,
insurance,
Iron Cove Posts,
Claims,
Coverage,
Directors and Officers Insurance,
directors and officers liability,
D&O,
financial institutions,
hedge fund,
Iron Cove,
Lou D'Agostino,
Premium Allocation,
Professional Liability,
protection,
regulation,
Risk,
SEC