OCIE’s Private Funds Risk Alert: A Compliance Challenge

Webinar hosted by Private Funds CFO and Regulatory Compliance Watch

Click here to register for the upcoming September 28 webinar.

Just as the rest of Washington is intent on opening private funds to retail investors, regulators at OCIE issued a risk alert warning investment advisers and CFOs that there are ongoing problems in the industry.

For private fund compliance officers and CFOs, the risk alert is a challenge to nearly every corner of their business. For retail fund compliance officers, it’s a warning to be extra diligent when and if they consider private investments.

Sign up for FREE and earn 1 CLE credit. You’ll learn:

  • What OCIE’s warnings about conflicts, fees and material, and non-public information means for your compliance program.
  • What the risk alert means for future exams and enforcement actions.
  • How compliance officers can tighten up—and test—their policies & procedures.
  • How to prepare for OCIE exams.
  • Best practices to stave off enforcement actions
  • And much more.

Please join Private Funds CFO and its sister publication, Regulatory Compliance Watch for a first-of-its-kind expert discussion featuring two veteran regulatory lawyers.

EXPERT SPEAKERS:

Sarah Curran, Director, Promontory, New York, NY

Ms. Curran is the director of Promontory’s private funds’ practice group. A 14-year veteran of the SEC, Sarah helped create OCIE’s first-of-its-kind Private Funds Unit, and serves as its exam manager, overseeing, organizing, and directing private fund examinations. Sarah joined Promontory in February 2019; she focuses her practice on regulatory compliance and conducts mock examinations, annual compliance reviews, and risk assessments.

Philip Moustakis, Counsel, Seward & Kissel LLP, New York, NY

Mr. Moustakis is counsel in Seward & Kissel’s Litigation group, advising companies and individuals on SEC enforcement matters and examinations, other regulatory enforcement matters, and internal investigations. For more than a decade prior to entering private practice, Philip served as senior counsel in the SEC’s Enforcement Division, including in the Division’s Asset Management Unit.