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.
EPIC Brokers & Consultant Adds Lou D’Agostino as a Principal in New York - Addition of new team deepens EPIC’s commitment to the Financial Services Industry
New York, NY (July 24, 2018) – EPIC Insurance Brokers & Consultants announced today that risk management and insurance brokerage veteran Lou D'Agostino and his Iron Cove Partners team have joined the firm. D’Agostino has over 17 years of insurance brokerage experience with an expertise in serving the Financial Services industry.
Tags: Hedge Funds, brokerage, financial services, Insurance Protection, Iron Cove, New York, premium, Private Equity, regulatory coverage, Risk, Examinations, gdpr, insurance market, principal, epicbrokers, join
Hedge Fund Insurance Market Update
May 21st, 2018
The General Data Protection Regulation goes into effect this month on May 25. Better known as the GDPR, the regulation was adopted in 2016 to extend data protection and privacy people within the EU. If you do business within the EU, even if your company is based outside of it, the GDPR is set to affect you. While uniformity should, theoretically, make compliance easier, penalties are set at 4% of global turnover or €20 million, whichever is higher. That’s not even including the cost of litigation or compensating victims of a data breach.
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
Tags: Hedge Funds, employment practices, Employment Practices Liability, financial institutions, Insurance Protection, Investment Adviser, Iron Cove, Legal liability, Private Equity, registered investment adviser