New Blog Post: Upcoming SEC Compliance and Software

New Blog Post: Upcoming SEC Compliance and Software
Travis LeSaffre

We’re a month into 2012 and things are looking up for the alternative assets industry compared to 2011. While many articles crossing my desk indicated that albeit 2011 was a disappointing year for many hedge funds, there appears to be a deviation from the year priors trend, as LPs are continuing to look to them as a viable investment, now coupled with the biggest monthly gain in over a year.

Also new in 2012, and perhaps more pressing, are the soon to be enforced SEC compliance requirements for an increased number of investment advisers and their respective firms. With the filing deadline looming on February 14th (per the small print) for the federal registration deadline required on March 30th, we’ve seen an increase in compliance based questions as of late. While the typical pain points we provide solutions for are geared towards facilitating investor relationship management and investor transparency demands, as we get closer to the deadline, SEC mandates and the consequent fees for violation are taking priority. From many conversations based upon how we can facilitate a smooth transition and extend transparency for assisting in SEC compliancy, I wanted to share some of the take aways that both current and prospective clients may benefit from when evaluating both current and future resources.

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