Journal of Investment Compliance: Volume 8 Issue 1

Hedge fund regulation: current trends in the industry

Michael S. Lukaj, Girard M. Healy

This paper aims to provide an analysis and report on the current regulatory environment for US hedge funds and explore the latest actions from governmental groups and the private…

Hedge fund side letters: guidance for UK managers

Peter D. Astleford, Richard Frase, Andrew Hougie, Stuart Martin

This paper seeks to discuss the Guidance Note on disclosure of hedge fund side letters issued by the UK's Alternative Investment Management Association (AIMA) in September 2006.

Insider trading

Timothy P. Burke, Hope M. Jarkowski

This paper aims to remind investment firms of the importance of policies, procedures, and supervisory controls to detect the misuse of material, non‐public information.

DOJ's Antitrust Division places opening bid on private equity firm investigation

Geraldine Alexis, Troy Sauro

This paper aims to summarize and discuss the motivation behind an investigation recently begun by the Department of Justice Antitrust Division concerning the practices of private…

NASD expands broker‐dealer's duty of best execution

Soo J. Yim, Christie Farris Öberg

This paper seeks to explain amendments to NASD Rule 2320(a), commonly known as the “best execution rule”, approved by the Securities and Exchange Commission on August 21, 2006.

Share‐class suitability: taking the guesswork out of mutual fund remediation

Bhaskar Dhandapani

This paper aims to provide a practitioner's view on the key areas broker‐dealers need to evaluate while undergoing a mutual fund remediation exercise.

FASB statement on fair value measurements

Anthony H. Zacharski, Alan Rosenblat, Erin Wagner, Adam Teufel

This paper sets out to describe the FASB Statement on Fair Value Measurements (FAS 157).

Integrating Sarbanes‐Oxley controls into an investment firm governance framework

J. Louis Anon, Harry Filowitz, Jeffrey M. Kovatch

This paper seeks to describe how Sarbanes‐Oxley controls can be integrated into an investment company's overall corporate governance framework.

SEC votes to amend and clarify operation of redemption fee rule

Jeffrey Puretz, Robert Robertson, Alan Rosenblat, Jutta Frankfurter, Cortney Scott

This paper aims to summarize amendments to Rule 22c‐2 under the Investment Company Act of 1940, the “redemption fee rule”, adopted by the Securities and Exchange Commission on…

Emerald at 40

Rebecca Marsh

Editor column

Henry A. Davis