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Topic: Books and Records

CCOs Must Keep Pace with Changes in How Firms Retain Books and Records

August 16, 2019
The world of information technology has changed virtually everything it has touched since the advent of email, data management and the Internet. Compliance with the SECís Rule 204-2, the Books and Records Rule, is no different. Advisers today typically keep some, if not most, of their documents electronically Ė and must remember to adapt their compliance efforts to match.

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SEC Staff Urges Market Participants to Begin Transition from LIBOR

July 19, 2019
The end of 2021 may still seem some far off, but in terms of advisers and other market participants that will need to transition from the London Interbank Offered Rate (LIBOR), it may be getting uncomfortably close. The SEC staff in July issued a statement urging all market participants using LIBOR to begin the process of moving away.

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Outsourced CCO and Advisers Face Form ADV, Books and Records Charges

April 17, 2015
Outsourcing a chief compliance officer may leave both an adviser and the third-party CCO it hired in trouble.

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Books and Records: Steer Clear of Compliance Pitfalls

August 15, 2014
The Advisers Actís Books and Records Rule (Rule 204-2) is an old rule, and one that does not get as much attention as more prominent requirements, such as the Custody Rule.

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Recordkeeping: What Examiners Look For

February 28, 2014
Document that you did what you did. You'll avoid more deficiencies that way.

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Don’t Err When Handling Errors: Documentation and Internal Reporting are Key

February 21, 2014
Despite your best efforts, some errors will always get through. How a firm handles them is critical.

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Know What to Include -- and What to Leave Out -- When Calculating AUM

October 18, 2013


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Include Liquidated Funds in Form PF Reports

August 16, 2013


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Private Funds: Review Your Financial Statements like the SEC Does

August 16, 2013


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"Buckets of Money" Backtesting Breakdown

September 30, 2012


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