The recent economic downturn and detection of various high-profile frauds has resulted in diminished investor confidence and increased regulatory focus. Hedge fund managers are faced with greater challenges in this new environment including difficulty in raising and retaining capital as well as responding to more extensive information requests during SEC examinations. Please join us for a discussion about these recent developments and how these concerns can be addressed. A panel of prominent market participants including Rosalind Tyson, the Regional Director of the U.S. Securities and Exchange Commission’s Los Angeles Regional Office, will explore some of today’s pressing issues:
Current Focus and Trends of SEC Examinations
changes in exam process and priorities; restructuring and focus of enforcement division; and portfolio mandate compliance
Marketing, Solicitation, and Investor Relations
liability relating to marketing materials; pay-to-play restrictions; and communicating with investors in today’s environment
Current Regulatory Actions and Proposals
registration and transparency rules; new regimes for accountability
Auditor Relationships
auditor requirements; custody and safekeeping issues; and due diligence
Strategies and Solutions for Navigating the New Hedge Fund Environment
new structures, terms and approaches
Participants
Jane Buchan • CEO, PAAMCO
Catherine E. Hutt • Partner, Sidley Austin LLP
Rosalind Tyson • U.S. Securities and Exchange Commission
Marc Wolf • CPA, Rothstein Kass
September 24, 2009 • 3pm Registration
Program begins at 3:30 PM; please arrive early. Cocktail reception and canapés follow the program.
Please respond by September 15, 2009 to Scott Leo at laevents@sidley.com or 213.861.6573.