Best of the Web – November 2015
Welcome to the November 2015 “Best of the Web.” ACA schools CCOs on the arcane world of GIPS standards, K&L Gates warms up our winter with “Hot” enforcement topics, and Dechert scares all independent directors with its warnings about the advisory contract review process. We also highlight some tax, interval funds, swaps, and money markets. Happy holidays!
The CCO’s Guide to the GIPS Standards: Essentials for Understanding and Mitigating Risk (ACA)
Hot Topics in Enforcement (K&L Gates)
Advisory Contract Process: Still Under an SEC Enforcement Microscope (Dechert)
https://www.dechert.com/files/Uploads/Documents/FSG/IL_11-2015_Robertson.pdf
Interval Funds: An Alternative to “Liquid Alternative” Funds?-Part II (Morgan Lewis)
Major Changes to IRS Partnership Audit Procedures Requires Review of Fund Documents (Seward & Kissel)
http://www.sewkis.com/pubs/xprPubDetail.aspx?xpST=PubDetail&pub=725
SEC Proposes Rules to Require Additional Transparency and Oversight of Dark Pools (Willkie, Farr & Gallagher)
What You Need to Know About Money Market Fund Reform — Ratings (Stradley Ronon)
http://www.stradley.com/insights/publications/2015/11/fund-alert-november-2015
U.S. Regulators Adopt Final Rule on Margin Requirements for NonCleared Swaps — What Investment Managers Need to Know (Schulte, Roth & Zabel)