Best of the Web – January 2014

Once again, we offer the “Best of the Web,” our monthly
compendium of well-done, publicly-available insights from our clients,
partners, competitors, and friends.  Some
of the standouts from January include a great summary of annual regulatory
requirements from Seward & Kissel; a helpful article from Rothstein Kass
about valuation; a terrific series of commentaries from Skadden offering 2014
insights; and Kinetic’s thought on operational due diligence. We hope you find
these gems as valuable as we did.  .                                

Memorandum: Annual Regulatory Reminders (Seward
& Kissel)

http://www.sewkis.com/pubs/xprPubDetail.aspx?xpST=PubDetail&pub=567

Best Practices for Valuing Investments When Working
With Third-Party Valuation Specialists (Rothstein Kass)

http://www.rkco.com/getattachment/271f4d5d-12d2-49f0-980d-1e8be478d9f4/Alternative-Investment-Funds-Best-Practices-for-Va

“2014 Insights — A Collection of Commentaries
on the Critical Legal Issues in the Year Ahead” (Skadden)

http://www.skadden.com/newsletters/Skadden_Insights_2014.pdf

Operational due diligence bulletin (Kinetic
Partners)

http://www.kinetic-partners.com/wp-content/uploads/ODD-bulletin-Jan-4.pdf

Volcker Rule: Compliance Program, Reporting, and
Recordkeeping Requirements (Bingham)

http://www.bingham.com/Services/~/media/Files/Docs/2014/Compliance-Program.ashx

Hedge Funds Jurisdictional Comparisons – United
States (Dechert)

http://www.dechert.com/files/Uploads/Documents/USA%20-%20Hedges%20Funds%202nd%20Ed.pdf

2014 Investment Management Outlooks (Deloitte)

http://www.deloitte.com/view/en_US/us/Industries/Private-Equity-Hedge-Funds-Mutual-Funds-Financial-Services/e02211b460e13410VgnVCM1000003256f70aRCRD.htm

Lessons for mutual fund boards: How the Morgan
Keegan case changed the landscape (Grant Thornton)

http://www.grantthornton.com/~/media/content-page-files/financial-services/pdfs/2014/AM/131202_FIS_AMA_Newsletter_140109.ashx

The Cloak of Invisibility for Foreign Accounts Is
Rapidly Unraveling: IRS and Foreign Banks Are Clamping Down on U.S. Tax Evasion
(K&L Gates)

http://www.klgates.com/the-cloak-of-invisibility-for-foreign-accounts-is-rapidly-unraveling-irs-and-foreign-banks-are-clamping-down-on-us-tax-evasion-01-30-2014/

Asset Management 2020 A Brave New World (PWC)

http://www.pwc.com/gx/en/asset-management/publications/pdfs/pwc-asset-management-2020-a-brave-new-world-final.pdf

NYSE Files Proposed Rules for Listing of “Managed
Portfolio Shares” (Ropes & Gray)

http://www.ropesgray.com/news-and-insights/Insights/2014/January/NYSE-Files-Proposed-Rules-for-Listing-of-Managed-Portfolio-Shares.aspx

Understanding AIFMD and Gaining a Passport to the
European Market (SEI)

http://www.seic.com/enUS/about/13249.htm

Legal Alert: Commodity Pool Operators and Commodity
Trading Advisors: Are Enhanced Customer Protections on the Horizon?
(Sutherland)

http://www.sutherland.com/NewsCommentary/Legal-Alerts/160829/Legal-Alert-Commodity-Pool-Operators-and-Commodity-Trading-Advisors-Are-Enhanced-Customer-Protections-on-the-Horizon