Introduction to Hedge Fund Compliance
December 4, 2013, NYC (Location)
Early-bird Registration Fee: US$895.00 Register Instructor Location
($100 Early-bird Registration Discount Ends Nov. 4)
Basic Level, 7 CPE Credits
Instructor: Kim Estrada, JD, MBA, CAMS
Hours: 9:00 am - 5:00 pm; Registration/Breakfast begins at 8:30 am
Objectives:
- Describe the features and characteristics regarding hedge funds
- Describe the basic provisions enforced internationally and domestically as they apply to hedge funds
- Describe the interaction between the product provider, regulatory agencies and Investment Advisors
- Develop an understanding regarding the impact to business units (operations) in light of hedge fund risk and transparency
Assumptions:
- This is an introductory course where the course participants will have little to no knowledge of the subject matter
- There is no pre course reading
Session 1: Overview of the Hedge Fund Structure
The opening session provides and overall primer regarding the historical development of the hedge fund structure. Participants will categorize the different parts of the hedge fund structure prior to addressing specific regulatory and compliance issues. By the end of this session the course participants shall be able to:
- Outline
- The history of hedge funds
- The strategy of hedge funds
- The structure of hedge funds
Session 1A: Overview of the Federal Investment Acts
Roundtable
Participants participate in case study/roundtable discussions to confirm their understanding of Session One.
Session 2: Hedge Fund Participation
Participants shall review from a high level the basic process on both ends regarding hedge fund participation. By the end of this session the course participants shall be able to:
- Define
- Who may offer hedge fund participation
- Who may participate in hedge funds
- What fees and performance costs are associated with participation
Session 2A: Hedge Fund Participation Roundtable
Participants participate in case study/roundtable discussions to confirm their understanding of Session Two.
Session 3: The Basic Regulatory Climate
Participants shall review the defined International and U.S regulations to discuss on a high level the basic regulatory requirements for hedge fund participation. By the end of this session the course participants shall be able to:
- Describe the initial international reporting process
- Describe the initial domestic reporting process
- Describe the cross over issues as they apply to federal and state agencies
Session 3A: The Basic Regulatory Climate Roundtable
Participants participate in case study/roundtable discussions to confirm their understanding of Session Three.
Session 4: Hedge Fund Fundamentals
Participants shall create the basic structure of a hedge fund to demonstrate their understanding of the process. By the end of this session the course participants shall be able to:
- Define the basics for a Hedge Fund
- Define the antifraud reporting provisions
- Define the disclosure provisions
Session 4A: Hedge Fund Fundamentals Roundtable
Participants shall discuss challenges associated with implementing a hedge fund to confirm their understanding of Session Four.
Q & A wrap-up