Asset managers lag their traditional counterparts when it comes to compliance, according to a new study, but there is one thing all can agree on: Increased individual prosecutions undertaken by the Securities and Exchange Commission appear to be having the desired impact of keeping alternative asset managers on their toes. Survey documents attitudes towards regulatory compliance in light of increased enforcement When asked “How do you feel now that the SEC is more frequently naming and prosecuting individuals?” fully eighty percent of all respondents were “very concerned” or “concerned.” The July Cipperman Compliance Services survey asked asset managers, broker dealers,…
Study Show Compliance As Sales Tool; But Some Alternative Asset Managers Lag
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.