Articles

Compliglobe’s principals and advisers have published a wide range of articles including:

An SEC Valentine: Many offshore advisers must be registered

Thomson Reuters Accelus, December 2011

By Mark Berman and Philip Thomas

This Valentine’s Day, the U.S. Securities and Exchange Commission (SEC) has a gift for advisers to hedge funds around the world. February 14, 2012, will mark the day by which many advisers who do business connected with the United States will have to submit their applications for registration as investment advisers. This article looks at some of the issues and implications of this deadline.

Enter The Dragon: Obtaining a Hong Kong Securities License

Informer Magazine, Thomson Reuters Accelus, Fall 2011

By Philip Thomas and Mark Berman

Use this handy guide to review and understand the requirements for obtaining a license from the HK Securities and Futures Commission.  For more information, please contact us or call + 852 8124 5181 or + 44 208 458 0152.

SEC investigative tests that compliance personnel should employ - the George Motz case

Thomson Reuters Accelus, June 2011

By Philip Thomas

On May 11, 2011, a sad chapter closed in the life of one George M Motz, once a highly-compensated investment executive but currently a resident of the Federal Correctional Institution in Otisville, NY. This article looks at some of the lessons from this case for investment adviser compliance professionals and the firms they shepherd.

When is an Investment Adviser a Broker-Dealer?

Insights Volume 25 Number 5, May 2011

By Mark Berman and Philip Thomas

This article looks at how the Securities Exchange Act of 1934 and in particular, the broker-dealer registration provisions, applies to a non-US money manager. The article surveys the registration requirements of this statute and suggests some options by which a non-US money manager may engage in these activities without having to register as a broker-dealer under this act.

Are you ready for your annual review?

Complinet, March 2011

By Mark Berman and Philip Thomas

Dodd-Frank has ushered in a raft of changes with direct consequences for annual compliance reviews. This article outlines how this chore will be invaluable in preparing for the transition to state registration. And for firms that must either seek an exemption from registration, or must register, it shows how the annual review can be a prime opportunity to gather data for those exercises.