|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
This workshop is designed specifically for principals of smaller investment
management firms who want to network with their peers about common issues
and concerns (while there is no precise definition of a “smaller” firm, it is
expected that most firms represented at the workshop will have less than $5
billion in assets under management). The workshop will consist of interactive
discussions among group participants in an informal and collegial setting. The
workshop is designed to facilitate an open exchange of views, experiences, and ideas among investment management professionals about a wide range of
questions and problems. The workshop is an expanded version of the
successful breakout sessions that are held at IAA annual conferences. The
goals of the workshop are: (1) to allow participants to meet and network with other professionals from similar firms; (2) to encourage a dialogue among
principals about executive, operational, marketing, investment, and management issues; and (3) to provide benchmarks, suggestions, and
solutions to problems that firms are facing. See the brochure for additional information.
Registration form and payment should be received by IAA on or before October
3, 2008. For more information, please contact IAA Director of Meetings & Events, Lisa Gillette at (307) 733-3332.
|
|
|
|
|
|
|
|
The Investment Adviser Association is pleased to announce the schedule for our 2008 compliance workshops. The workshops will
address disclosure issues and the SEC’s recent proposal to amend Form ADV Part 2, privacy and the SEC’s recent proposal to amend Regulation
S-P, business continuity, soft dollars and trading issues, and a roundup of investment adviser regulatory developments.
Speakers will include IAA legal staff and attorneys from nationally-recognized law firms. The IAA workshops are an excellent
opportunity to network with other compliance professionals and gain their insights on challenging legal and regulatory issues. Each workshop will
be held from 9:30 a.m. to 2:00 p.m., including a new networking luncheon, where firms will be seated based on AUM to share ideas about SEC exams and
compliance testing protocols. After lunch, SEC examination staff from the Office of Compliance Inspections and Examinations will discuss current
inspection priorities and issues for advisers.
Registration forms and payments should be received at least 14 days before the workshop. There will be no refunds for cancellations received within 7 days of the workshop. For more information, please contact IAA Director of Meetings & Events, Lisa Gillette at (307) 733 3332.
The workshop dates and locations are:
|
Thursday, October 2
|
Washington, DC
The Army Navy Club
901 17th St., NW
Washington, DC 20006
|
|
|
|
|
Wednesday, October 15
|
Los Angeles
The Jonathan Town Club
545 S. Figueroa St.
Los Angeles, CA 90071
|
|
|
|
|
Thursday, October 16
|
San Francisco
Hotel 480
480 Sutter St.
San Francisco, CA 94108
|
|
|
|
|
Monday, October 27
|
New York
The Union League Club
38 East 37th St.
New York, NY 10016
|
|
|
|
|
Wednesday, November 5
|
Houston
Crowne Plaza Houston
1700 Smith Street
Houston, TX 77002
|
|
|
|
|
Thursday, November 6
|
Atlanta
Hyatt Regency Atlanta
265 Peachtree Street, NE
Atlanta, GA 30303
|
|
|
|
|
Wednesday, November 12
|
Boston
Boston Park Plaza Hotel & Towers
50 Park Plaza at Arlington Street
Boston, MA 02116
|
|
|
|
|
Thursday, December 4
|
Chicago
The Standard Club
320 S. Plymouth Court
Chicago, IL 60604
|
|
|
|
|
|
|
|
|
|
|
|
|
On June 30, 2008, the Investment Adviser Association, ACA Compliance Group, IM Insight, and Old Mutual Asset Management released their 2008 report on compliance testing practices by investment management firms. The
report is based on results from an online survey conducted earlier this year to
which more than 400 compliance professionals responded. The report identifies the types of compliance testing practices and strategies investment
adviser firms are using in the areas of best execution, pricing and valuation,
and anti-money laundering. In addition, the survey analyzes certain compliance testing trends in the areas of compliance programs, soft dollars,
gifts and entertainment, and insider trading.
|
|
|
|
|
|
|
|
The PowerPoint slides used during the Proposed Amendments to Part 2 of Form ADV Webcast, held on April 24, 2008, are now available
online. To download the slides, please login to the Members-Only area and go to the Legal, Regulatory & Compliance section. Click on #13 - Form ADV, Registration and Disclosure and go to c. Outlines, Articles and Memoranda. The slides are listed as 1. Proposed Amendments to Part 2 of Form ADV by Karen Barr and Valerie Baruch, IAA (powerpoint) (April 24, 2008)
|
|
|
|
|
|
|
|
On July 30, 2007, the Investment Adviser Association and National Regulatory Services... 
[+] more
|
|
|
|
|
|
|
|
|
|
The IAA is pleased to announce that it is cosponsoring the NRS Investment Adviser Compliance Certificate Program. See the IACCP
2008 Schedule.
[+] more
The Program was established by National Regulatory Services in 2004 and is designed to advance investment adviser compliance as a profession. The program involves education, work
experience, examination, ethics, and continuing education requirements. The brochure includes a description of the program and dates of training courses. For more information and registration, see the NRS Web site or contact IAA Counsel Paul Glenn with any questions.
[-] less
|
|
|
|
|
|
|
|
The IAA and SEI are pleased to provide a report...
[+] more
on their recent technology/operations survey. Key findings include the following: (1) operational and technology capabilities are viewed as important enablers of business success; (2) most respondents indicated that their IT budgets are currently focused on maintaining and upgrading existing tech/ops systems; (3) most firms report that they expect to increase their IT budgets in 2007; (4) asset managers are dealing with growing IT complexities; and (5) legal, regulatory, and compliance concerns continue to drive IT spending higher.
[-] less
|
|
|
|
|
|
|
Investor Education Brochure:
"Cutting Through the Confusion"
The Investment Adviser Association, along with the Consumer Federation of America, ...
[+] more
North American Securities Administrators Association, Financial Planning Association, and CFA Institute, have produced an investor education brochure. Entitled,
"Cutting Through the Confusion," the brochure explains differences between brokers, investment advisers, and financial planners, and
identifies questions investors should ask themselves and potential providers before making a choice. A press release issued by the Coalition for Investor Education highlights the purposes of the brochure. Investors should contact the IAA office to receive a free copy of the brochure.
[-] less
|
|
|
|
|
|
|
|
|
|
A working group comprised of members of the Investment Company Institute, the Investment Adviser Association, and legal counsel to
independent...
[+] more
directors developed this questionnaire and certification letter, which are intended to assist members in sub-adviser due diligence reviews, including reviews pursuant to Rule 38a-1 under the Investment Company Act of 1940.
The questionnaire and certification letter are designed for annual, rather than initial, use. Advisers evaluating whether to select a sub-adviser in the first instance may wish to use different questionnaires and certifications. In addition, the documents are not intended for solicitation of all of the information requested in connection with an investment company board's review of an advisory contract under Section 15(c) of the Investment Company Act. These documents are not intended to endorse particular questions or practices and because of different business operations among member firms, no one questionnaire or certification may be appropriate for every firm. In addition, the documents do not constitute, and should not be considered a substitute for, legal advice.
Full Sample Package (PDF)
Certification Letter (.DOC)
Due Diligence Questionnaire (.DOC)
[-] less
|
|
|
|
|
|
|
|
On February 28, 2006, the Board of Governors unanimously approved revisions to the IAA Standards of Practice.
[+] more
“Since the founding of our organization in 1937, the Association has always promoted standards of conduct for investment advis | | |
