Best of the Web – February 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.  Firms
were very active in February with some end-of-year summaries, data
presentations, and advice for 2014.  Some
of the standouts from February include Morgan Lewis’s comprehensive summary of
last year’s enforcement cases, a Ropes & Gray report on the SEC Compliance
Outreach program, a Deloitte piece about how firms conduct compliance
monitoring, a Groom article on investment fiduciary outsourcing, and a
provocative article from Kreisher Miller about investment fees.  We hope you find these gems as valuable as we
did. 

 

Select Broker-Dealer, Investment Adviser, and
Investment Company Enforcement Cases and Developments: 2013 Year in Review
(Morgan Lewis)

https://www.morganlewis.com/pubs/LIT_2013YearInReview.pdf

SEC Compliance Outreach Program National Seminar –
Summary of Panel Discussions (Ropes & Gray)

http://www.ropesgray.com/news-and-insights/Insights/2014/February/SEC-Compliance-Outreach-Program-National-Seminar-Summary-of-Panel-Discussions.aspx

Investment Compliance Monitoring Survey (Deloitte)

http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/FSI/us_fsi_ICMSurvey_022014.pdf

2014 Asset Management Update (Grant Thornton)

http://www.grantthornton.com/~/media/content-page-files/financial-services/pdfs/2014/AM/140212-FIS-Asset-Management-Report-140227FIN.ashx

Expert Q&A on Outsourcing Fiduciary Investment
Responsibilities (Groom)

http://www.groom.com/media/publication/1368_Outsourcing_Fiduciary_Investment_Responsibilities.pdf

Investment Fees: Are You Charging the Right Amount?
(Kreischer Miller)

http://www.kmco.com/articles/looking-forward/investment-fees-are-you-charging-the-right-amount/

In the spotlight: BDCs and investment valuation
(E&Y)

http://www.ey.com/Publication/vwLUAssets/EY_-_The_challenges_of_investment_valuation_and_BDCs/$FILE/EY-BDC-investment-valuation.pdf

Time management challenges for private equity
controllers (McGladrey)

http://mcgladrey.com/content/dam/mcgladrey/pdf_download/wp_time_management_for_pe_controllers.pdf

The New Regulatory Landscape and What Investment
Advisers Need to Know (Rothstein Kass)

http://www.rkco.com/getattachment/ea9b9704-c649-46b0-bf3c-d13b4fb43d36/The-New-Regulatory-Landscape-and-What-Investment-A;.xml

Final Volcker Rule Regulations: Effects on Non-U.S.
Entities (Bingham)

http://www.bingham.com/Services/~/media/Files/Docs/2014/Effects-on-Non-US-Entities.ashx

FATCA Online Registration is Up and Running. Key
Deadline Approaches for Foreign Funds (Drinker)

http://www.drinkerbiddle.com/resources/publications/2014/FATCA-Online-Registration-is-Up-and-Running-Key-Deadline-Approaches-for-Foreign-Funds-

Investment Advisers and Funds – New Treasury Report
Form for Foreign Claims and Liabilities (K&L Gates)

http://www.klgates.com/investment-advisers-and-funds–new-treasury-report-form-for-foreign-claims-and-liabilities-02-10-2014/

FATCA: The global trend towards tax transparency
(Kinetic)

http://www.kinetic-partners.com/wp-content/uploads/Kinetic-Partners-FATCA-and-Tax-press-briefing.pdf

Deutsche Bank Survey Says Hedge Fund Industry
Inflows May Nearly Triple (MFA)

http://www.managedfunds.org/2014/02/deutsche-bank-survey-says-hedge-fund-industry-inflows-may-nearly-triple/

SEC Loses Four More High-Profile Trials Where it
Relied on Circumstantial Evidence and Questionable Materiality Arguments to
Prove Insider Trading and Fraud (Sadis Goldberg)

http://www.sglawyers.com/admin/PDFs/295.PDF

Key industry findings from the 17th Annual Global
CEO Survey (PWC)

http://www.pwc.com/gx/en/ceo-survey/2014/assets/pwc-17th-annual-global-ceo-survey-asset-management-analysis.pdf

Client Service: What It Takes to Walk the Talk (SEI)

https://www.seic.com/docs/IMS/SEI-2014ClientService-Paper-US.pdf

The Seward & Kissel New Hedge Fund Study (Seward
& Kissel)

http://www.sewkis.com/files/Publication/afafcb0b-38a5-4491-84a4-2b6c49215e6b/Presentation/PublicationAttachment/c87f071a-ecc6-4a79-af34-82d7aab89b7b/Hedge%20fund%20study.pdf