Journal of Investment Compliance articles from March 2007

Journal of Investment Compliance archives from March 2007

Editor column.(Column)
March 22, 2007... We start the year 2007 and Volume 8 of the Journal of Investment Compliance with nine articles on a diversity of topics of current interest to compliance officers of investment companies. Michael Lukaj and Girard Healy start us off with a...

Hedge fund regulation: current trends in the industry.
March 22, 2007... Abstract Purpose--This paper aims to provide an analysis and report on the current regulatory environment for US hedge funds and explore the latest actions from governmental groups and the private sector. ...

Hedge fund side letters: guidance for UK managers.
March 22, 2007... Abstract Purpose--This paper seeks to discuss the Guidance Note on disclosure of hedge fund side letters issued by the UK's Alternative Investment Management Association (AIMA) in September 2006. Design/methodology/approach--Explains...

Insider trading.(regulations and supervisory control over insider trading)
March 22, 2007... Abstract Purpose--This paper aims to remind investment firms of the importance of policies, procedures, and supervisory controls to detect the misuse of material, non-public information. Design/methodology/approach--Summarizes a...

DOJ's Antitrust Division places opening bid on private equity firm investigation.
March 22, 2007... Abstract Purpose--This paper aims to summarize and discuss the motivation behind an investigation recently begun by the Department of Justice Antitrust Division concerning the practices of private equity firms when they are bidding for...

NASD expands broker-dealer's duty of best execution.(Report)
March 22, 2007... Abstract Purpose--This paper seeks to explain amendments to NASD Rule 2320(a), commonly known as the "best execution rule", approved by the Securities and Exchange Commission on August 21, 2006. Design/methodology/approach--Explains...

Share-class suitability: taking the guesswork out of mutual fund remediation.
March 22, 2007... Abstract Purpose--This paper aims to provide a practitioner's view on the key areas broker-dealers need to evaluate while undergoing a mutual fund remediation exercise. Design/methodology/approach--This article is based on the...

FASB statement on fair value measurements.(Financial Accounting Standards Board)
March 22, 2007... Abstract Purpose--This paper sets out to describe the FASB Statement on Fair Value Measurements (FAS 157). Design/methodology/approach--Explains the Statement's definition of fair value, the three valuation techniques pre-scribed by...

Integrating Sarbanes-Oxley controls into an investment firm governance framework.
March 22, 2007... Abstract Purpose--This paper seeks to describe how Sarbanes-Oxley controls can be integrated into an investment company's overall corporate governance framework. Design/methodology/approach--Outlines the elements of an effective...

SEC votes to amend and clarify operation of redemption fee rule.
March 22, 2007... Abstract Purpose--This paper aims to summarize amendments to Rule 22c-2 under the Investment Company Act of 1940, the "redemption fee rule", adopted by the Securities and Exchange Commission on September 26, 2006. ...

Emerald at 40.(Note from the publisher)(Emerald Group Publishing Ltd.)
March 22, 2007... This year Emerald Group Publishing Limited celebrates its 40th Anniversary, As anyone with more than two score years under their belt (or approaching it) will know, 40 represents a milestone. It marks a point at which we have, or we are...