Journal of Investment Compliance: Volume 6 Issue 4

Section 13 SEC reporting by advisers and brokers and Section 16 SEC reporting by “insiders” of public companies

Michael R. Rosella

To explain reporting requirements under Section 13 of the Securities Exchange Act of 1934 (the “Exchange Act”) that must be followed by advisers and brokers who exercise…

Anti‐money laundering regulations: Treasury Department enacts final rules implementing Section 312 of the PATRIOT Act relating to foreign correspondent accounts and private banking accounts

Charles S. Gittleman, Russell D. Sacks

To describe and to discuss the implications of the US Department of the Treasury's PATRIOT Act regulations requiring “covered financial institutions” (including broker‐dealers…

Converting hedge funds into mutual funds – a primer

F. Scott Thomas, John C. Jaye

The purpose of this article is to describe the process for forming and registering a new investment company (or mutual fund) or converting an existing hedge fund into a mutual…

Regulation of market misconduct in the United Kingdom

Robert Falkner, Jon Gerty

To introduce and summarize the key features of market‐misconduct‐related offenses in the UK with a particular focus on insider dealing.

The evolution of compliance

Chris Taylor

To describe how the role of the compliance function and the compliance officer originated in the UK, how it has evolved over the past 20 years, how boundaries are defined for the…

The development of a compliance culture

Jeffrey C. Morton

To provide the investment management industry with a summary of the expectations of the Securities and Exchange Commission (SEC)'s examination staff with regard to the development…

Low cost compliance technology being used to implement new SEC and FSA regulations governing “soft dollars”

Joseph Saluzzi

To explain that, unlike with Sarbanes‐Oxley, relatively low‐cost technologies and procedures are becoming widely accepted for helping institutional money managers and hedge funds…

Strengthening corporate governance regulations

Alex Proimos

To discuss how to develop best practices and to enforce effective guidelines for corporate governance.

Editor column

Henry A. Davis