Audit-readiness is top of mind for alternative investment firms as regulators reveal examination priorities for the year ahead. The SEC and FINRA both identified cybersecurity preparedness as a key area of focus on 2015 exams.
After many months of fits and starts, on Wednesday, the SEC voted 4-1 to lift the 80-year ban on hedge funds’ ability to engage in general solicitation to the public.
Users in multiple deals can see all the transactions that they have access to on one “hub” screen. Bankers can set up specific files for non-engaged rating agencies to have on-demand access to relevant deal information in order to satisfy the 17g-5 regulations.