On-Demand   On-Demand Web Programs

Hedge Fund Management 2013

Released on: Sep. 26, 2013
Running Time: 06:36:31

Running Time Segment Title Faculty Format
[00:58:27] The Regulatory Environment W. Danforth Townley ~ Attorney Fellow, Division of Investment Management, U.S. Securities and Exchange Commission
Stuart J. Kaswell ~ Executive Vice President & Managing Director, General Counsel, Managed Funds Association
On-Demand MP3 MP4
[00:34:49] Featured Speaker Norm Champ ~ Director, Division of Investment Management, U.S. Securities and Exchange Commission
On-Demand MP3 MP4
[00:59:46] Hedge Fund Structures Michael Treisman ~ Chief Legal Officer, Tiger Management Advisors L.L.C.
Caroline Williams ~ Walkers
On-Demand MP3 MP4
[00:59:28] Compliance and Operational Issues Jessica A. Davis ~ Senior Managing Director, General Counsel & CCO; Co-Head of Operational Due Diligence, Protégé Partners, LLC
Marc Wyatt ~ Senior Specialized Examiner, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission
Scott Weisman ~ Managing Director, Financial Services Regulatory Practice, PwC
On-Demand MP3 MP4
[01:00:36] Hot Topics for Hedge Fund Managers Nora Jordan ~ Davis Polk & Wardwell LLP
Harry Jho ~ Harry Jho LLP
Andrew N. Siegel ~ Partner and General Counsel, Perella Weinberg Partners
On-Demand MP3 MP4
[01:03:25] Dodd-Frank Regulations Affecting Swaps Susan C. Ervin ~ Davis Polk & Wardwell LLP
Michael J. Drayo ~ Senior Counsel, The Vanguard Group, Inc.
On-Demand MP3 MP4
[00:54:50] Managing Hedge Funds in Crisis Stephanie R. Breslow ~ Schulte Roth & Zabel LLP
On-Demand MP3 MP4

In 2012, hedge funds and their managers faced their first year of operations under new regulations enacted under Dodd-Frank. New entrants to the hedge fund industry now had large barriers to entry; existing managers had to deal not only with new regulations but many were also forced to grapple with regulatory investigations and insider trading allegations. At the same time, hedge fund managers had to continue to deal with the day-to-day operational issues of running a hedge fund operation (such as relationships with prime brokers) and explore strategies for addressing new business issues, such as expanding their business to include regulated funds or selling a portion of their business to an outside investor.

Lecture Topics 
[Total time 06:36:31]

Segments with an asterisk (*) are available only with the purchase of the entire program.

  • Introduction and Welcome* [00:05:10]
    Nora Jordan
  • Featured Speaker [00:34:49]
    Norm Champ
  • Hedge Fund Structures [00:59:46]
    Michael Treisman, Caroline Williams
  • The Regulatory Environment [00:58:27]
    Stuart J. Kaswell, W. Danforth Townley
  • Compliance and Operational Issues [00:59:28]
    Jessica A. Davis, Marc Wyatt, Scott Weisman
  • Hot Topics for Hedge Fund Managers [01:00:36]
    Nora Jordan, Harry Jho, Andrew Siegel
  • Dodd-Frank Regulations Affecting Swaps [01:03:25]
    Michael J. Drayo, Susan C. Ervin
  • Managing Hedge Funds in Crisis [00:54:50]
    Stephanie R. Breslow

The purchase price of this Web Program includes the following articles from the Course Handbook available online:

  • U.S. Securities and Exchange Commission, Office of Compliance Inspections and Examinations, National Exam Program Risk Alert, Vol. III, Issue 1, Significant Deficiencies Involving Adviser Custody and Safety of Client Assets (March 4, 2013)
    Norm Champ
  • U.S. Securities and Exchange Commission, Office of Compliance Inspections and Examinations, National Exam Program, Examination Priorities for 2013 (February 21, 2013)
    Norm Champ
  • U.S. Securities and Exchange Commission, Dodd-Frank Act Changes to Investment Adviser Registration Requirements (Data as of January 2, 2013)
    Norm Champ
  • U.S. Securities and Exchange Commission, Investment Management Staff Issues of Interest, Investment Advisers Registered with the Commodity Futures Trading Commission (“CFTC”) That Advise Private Funds (November 15, 2012)
    Norm Champ
  • Carlo V. di Florio, Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission, Conflicts of Interest and Risk Governance, Speech to National Society of Compliance Professionals (October 22, 2012)
    Norm Champ
  • U.S. Securities and Exchange Commission, Staff Responses to Questions About the Pay to Play Rule (Updated as of July 27, 2012)
    Norm Champ
  • Norm Champ, Deputy Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission, What SEC Registration Means for Hedge Fund Advisers, Speech to New York City Bar (May 11, 2012)
    Norm Champ
  • Carlo V. di Florio, Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission, Address at the Private Equity International Private Fund Compliance Forum (May 2, 2012)
    Norm Champ
  • U.S. Securities and Exchange Commission, Investment Management Staff Issues of Interest, Advisory Contracts—Transition for Newly Registered and Registering Advisers (March 30, 2012)
    Norm Champ
  • U.S. Securities and Exchange Commission, Examinations by the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (February 2012)
    Norm Champ
  • U.S. Securities and Exchange Commission, Office of Compliance Inspections and Examinations, National Examination Risk Alert, Vol. II, Issue 1, Investment Adviser Use of Social Media (January 4, 2012)
    Norm Champ
  • U.S. Securities and Exchange Commission, Information for Newly-Registered Investment Advisers, Prepared by the Staff of the Securities and Exchange Commission’s Division of Investment Management and Office of Compliance Inspections and Examinations (Novem
    Norm Champ
  • Walkers, Cayman Islands, Regulation of Funds in the Cayman Islands
    Caroline Williams
  • Walkers, Cayman Islands, Investment Funds
    Caroline Williams
  • SEC, Form PF, Frequently Asked Questions (April 25, 2013)
    W. Danforth Townley
  • Staff of the Investment Adviser Regulation Office, Division of Investment Management, U.S. Securities and Exchange Commission, Regulation of Investment Advisers by the U.S. Securities and Exchange Commission (March 2013)
    W. Danforth Townley
  • PwC, FS Regulatory Brief, Expense Practices for Private Fund Advisers
    Thomas A. Biolsi
  • PwC, FS Regulatory Brief, Private Fund Investment Advisers Registration Act of 2009
    Thomas A. Biolsi
  • Compliance and Operational Issues (PowerPoint Slides)
    Thomas A. Biolsi
  • Letter from Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission, to Senior Executive or Principal of a Newly Registered Investment Adviser, RE: Presence Exams (October 9, 2012)
    Marc Wyatt
  • Davis Polk, Client Memorandum, The Impact of the Alternative Investment Fund Managers Directive on Non-E.U. Managers Of Non-E.U. Funds (June 4, 2013)
    Nora Jordan
  • Davis Polk, Client Newsletter, Investment Management Regulatory Update, NFA Amends Rules to Simplify Reporting Requirements for CPO and CTA Members (May 16, 2013)
    Nora Jordan
  • Davis Polk, Client Newsletter, Investment Management Regulatory Update, European Commission Adopts AIFMD Level 2 Regulations (February 27, 2013)
    Nora Jordan
  • Davis Polk, Client Newsletter, Investment Management Regulatory Update, Annual Affirmation Requirement for Certain Exempt CPOs and CTAs (January 22, 2013)
    Nora Jordan
  • Davis Polk, Client Newsletter, Investment Management Regulatory Update, SEC Releases Guidance on Advisers Act Exemption for CFTC-registered Investment Advisers That Advise Private Funds (December 20, 2012)
    Nora Jordan
  • Davis Polk, Client Newsletter, Investment Management Regulatory Update, CFTC Provides Temporary Registration Relief to CPOs and CTAs That Are Required to Register Solely Because of Their Swap Activities; NFA Issues Notice that CPOs Relying on Rule 4.13(a)
    Nora Jordan
  • Davis Polk, Client Newsletter, Investment Management Regulatory Update, CFTC Issues Guidance on CPO/CTA Registration and Compliance Obligations (September 26, 2012)
    Nora Jordan
  • Memorandum from Davis Polk & Wardwell LLP to Interested Persons RE: Negotiation of Prime Brokerage Arrangements (July 2012)
    Nora Jordan
  • Davis Polk, Client Memorandum, CFTC Adopts Amendments to Registration Exemptions for CPOs and CTAs and Proposes Harmonization Rules for Registered Fund CPOs (February 23, 2012)
    Nora Jordan
  • Davis Polk, Client Memorandum, SEC Issues Final Rules Implementing Dodd-Frank Amendments to the Investment Advisers Act of 1940 (June 29, 2011)
    Nora Jordan
  • Prime Brokerage (PowerPoint Slides)
    Harry Jho
  • Dodd-Frank Regulations Affecting Swaps (June 2013)
    Susan C. Ervin
  • Jamie Sklar, Schulte Partner Stephanie Breslow Discusses Hedge Fund Liquidity Management Tools in Practising Law Institute Seminar in the Hedge Fund Law Report VOL. 5, NO. 43 (NOVEMBER 15, 2012)
    Stephanie R. Breslow

Presentation Material

  • Introduction and Welcome
    Nora Jordan
  • Hedge Fund Structures
    Caroline Williams
  • Prime Brokerage Issues
    Harry Jho
  • Hot Topics for Hedge Fund Managers
    Nora Jordan
  • Hot Topics for Hedge Fund Managers
    Andrew Siegel
  • Dodd- Frank Regulations Affecting Swaps
    Michael J. Drayo, Susan C. Ervin
Chairperson(s)
Nora Jordan ~ Davis Polk & Wardwell LLP
Speaker(s)
Stephanie R. Breslow ~ Schulte Roth & Zabel LLP
Norm Champ ~ Director, Division of Investment Management, U.S. Securities and Exchange Commission
Jessica A. Davis ~ Senior Managing Director, General Counsel & CCO; Co-Head of Operational Due Diligence, Protégé Partners, LLC
Michael J. Drayo ~ Senior Counsel, The Vanguard Group, Inc.
Susan C. Ervin ~ Davis Polk & Wardwell LLP
Harry Jho ~ Harry Jho LLP
Stuart J. Kaswell ~ Executive Vice President & Managing Director, General Counsel, Managed Funds Association
Andrew N. Siegel ~ Partner and General Counsel, Perella Weinberg Partners
W. Danforth Townley ~ Attorney Fellow, Division of Investment Management, U.S. Securities and Exchange Commission
Michael Treisman ~ Chief Legal Officer, Tiger Management Advisors L.L.C.
Scott Weisman ~ Managing Director, Financial Services Regulatory Practice, PwC
Marc Wyatt ~ Senior Specialized Examiner, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission

PLI makes every effort to accredit its On-Demand Web Programs and Segments.  Please check the Credit Information box to the right of each product description for credit information specific to your state.


On-Demand Web Programs and Segments
 are approved in:

Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6,  North Carolina7, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.

Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.


Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. PLI programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.

*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.


1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.

 

2Iowa:  The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.

3Missouri:  On-demand web programs are restricted to six hours of self-study credit per year.  Self-study may not be used to satisfy the ethics requirements.  Self-study can not be used for carryover credit.

 

4New Hamphsire:  The approval is for three years from recorded date.

5New Mexico:  On-Demand web programs are restricted to 4.0 self-study credits per year. 


6New York:  Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats. 

7North Carolina:  A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs. 


8Ohio:  To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us.  Online programs are considered self-study.  Ohio attorneys have a 6 credit self-study limit per compliance period.  The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.

9Oklahoma:  Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.


10Pennsylvania:  PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
 

11Rhode Island:  Audio Only On-Demand Web Programs are not approved for credit.  On-Demand Web Programs must have an audio and video component.

12Tennessee:  The approval is for the calendar year in which the live program was presented.

13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.

14Wisconsin: Ethics credit is not allowed.  The ethics portion of the program will be approved for general credit.  There is a 10 credit limit for on-demand web programs during every 2-year reporting period.  Does not approve of Audio-only On-Demand Webcasts.


Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.


If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.


Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.

 
Print Share Email