Journal of Investment Compliance articles from September 2008

Journal of Investment Compliance archives from September 2008

Editor column.(Column)
September 22, 2008... Donald Carleen and Jeffrey Ross start us off with an explanation of complex US Department of Labor existing and proposed regulations that may subject certain private investment fund sponsors to costly and time-consuming additional reporting...

US DOL regulations may challenge private investment funds.
September 22, 2008... Abstract Purpose--The purpose of this paper is to analyze recent regulations and proposed regulations issued by the US Department of Labor (DOL) that relate to the reporting of compensation paid to service providers to employee benefit...

FIN 48: headaches for hedge fund tax compliance function.
September 22, 2008... Abstract Purpose--The purpose of this paper is to explain some tax management complications for onshore and offshore hedge funds posed by US FIN 48, Uncertain Tax Positions, and to emphasize the hedge fund manager's responsibility for...

Seventh circuit "disapproves" Gartenberg, but is this new approach fundamentally different?
September 22, 2008... Abstract Purpose--The purpose of this paper is to analyze the implications of the May 19, 2008 decision by the US Court of Appeals for the Seventh Circuit in Jones v Harris Associates. Design/methodology/approach--The paper reviews...

Ruling creates uncertainty under Section 13(d).(CSX Corp. v. The Children's Investment Fund Management)
September 22, 2008... Abstract Purpose--The purpose of this paper is to explain the implications of a June 11, 2008 decision by the US District Court for the Southern District of New York in CSX Corp. v. The Children's Investment Fund Management (UK) LLP...

Treasury department's proposed overhaul of the financial regulatory structure: a look at the blueprint and a look ahead.(Report)
September 22, 2008... Abstract Purpose--The purpose of this paper is to summarize and provide commentary on the US Department of Treasury's Blueprint for a Modernized Financial Regulatory Structure, issued on March 31, 2008. ...

SEC publishes proposed rule to modify oil and gas reporting requirements.(United States. Securities and Exchange Commission)
September 22, 2008... Abstract Purpose--The purpose of this paper is to explain the SEC's proposed rule to modify the oil and gas reporting requirements that have been defined heretofore in Rule 4-10, Regulation S-X. Design/methodology/approach--The paper...

New FSA disclosure regime for short selling during rights issues.(Financial Services Authority)
September 22, 2008... Abstract Purpose--The purpose of this paper is to explain the FSA's new disclosure regime for short selling during rights issues, which it introduced by amending the Code of Market Conduct (MAR 1) under the Financial Services and Markets...

PRC domestic fund management companies may now establish operations in Hong Kong.(People's Republic of China)
September 22, 2008... Abstract Purpose--The purpose of this paper is to explain the Rules on the Establishment of Operations in Hong Kong by Securities Investment Fund Management Companies, issued pursuant to Supplement 4 to the Closer Economic Partnership...

Summary of selected FINRA regulatory notices and disciplinary actions, April-June 2008.(Financial Industry Regulatory Authority)
September 22, 2008... Abstract Purpose--The purpose of this paper is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices issued from April to June 2008 and a sample of disciplinary actions during that period. ...