Journal of Investment Compliance: Volume 6 Issue 1

Ask not for whom the bell tolls, it may toll for you next: intensified anti‐money‐laundering enforcement transforms the regulatory landscape

Betty Santangelo, Margaret A. Jacobs

Discusses the most significant criminal prosecutions and regulatory actions in response to recent anti‐money laundering compliance lapses and the resulting concern in the…

Fair value methodologies

Paul Kraft

To describe the application of fair value methodologies to fund operations and emphasize the importance of appropriate valuation procedures.

Enhancing a mature investment program: customizing the captive hedge fund

Jedd Wider, Kevin Scanlan

Seeks to introduce several of the important issues that must be resolved in connection with the structuring and formation of a customized hedge fund program

When does improper conduct become criminal? Conflicts of interest in the mutual fund industry

Jonathan L. Kotlier

To emphasize the need for financial services companies such mutual funds and brokerage houses to establish internal controls and related procedures for identifying potential…

California Securities Laws: a new sheriff in town

Gary Mendoza

To describe State of California Attorney General Bill Lockyer's approach to securities enforcement and to explore the national implications of a state attorney general assuming…

Does your firm have a Mutual Fund Suitability Guidelines Manual?

Joseph C. Cascarelli

To describe the need and suggest guidelines for a formal, written manual that provides a firm, its registered representatives, and its supervisory principals a line of defense…

The after‐effect of Rule 203(b)(3)‐2: what it means to take on the role of CCO to comply with the controversial measure

Colette Panebianco

To describe the role and requirements for the chief compliance officer (CCO), appointed by hedge fund managers within an investment advisory firm.

The development of Managed Funds Association's 2005 Sound Practices for Hedge Fund Managers

Stephanie Miranda Pries

To summarize Managed Funds Association's (MFA's) 2005 Sound Practices for Hedge Fund Managers™, which is designed to enhance the ability of hedge fund managers to manage…

The value of research: are your research dollars buying good or bad research?

Kei Kianpoor, Nancy M. Smith

To describe new tools for measuring the value of investment research.