The Securities and Exchange Commission (SEC) is pushing its testing methodology to include new categories of investment managers, ensuring specific regulations are being followed, particularly with regards to fee accounting in preferred co-investments. SEC plans to test managers in credit, infrastructure and timber Alternative investment managers in credit, infrastructure and timber will be required to pass the SEC’s investment examinations, Marc Wyatt, acting director of the SEC’s office of compliance inspections and examinations, said in a speech in New York Wednesday, Pensions and Investments magazine reported. Speaking at a Private Equity International Compliance Forum, Wyatt noted a two-year or more…
SEC To Expand Regulatory Testing To Additional Asset Classes
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.