Big Data: Legal and Compliance Considerations for Investment Managers

This new chapter of Investment Adviser Regulation: A Step-by-Step Guide to Compliance and the Law examines the expanding area of data facing investment management lawyers and compliance professionals, as well as the attendant legal and operational risks. The chapter includes an introduction to the concepts of data, alternative data, big data, and artificial intelligence; examples of an organization’s data users, likely sources of data, and organizational controls for data collection and processing; and a review of the ways different types of data are regulated.