Journal of Investment Compliance: Volume 5 Issue 1
Table of contents
Who should pay for e‐discovery? Examining the Zubulake Approach
Peter J. Beshar, Michael J. PassanteFor over two hundred years, our nation’s legal system has been based on the “American Rule” ‐ with each party bearing its own litigation costs. As the Supreme Court noted in 1975…
Transaction costs and best execution: Compliance and measurement
Wayne H. WagnerThe simplest way to think about compliance is: “tell me what I have to do to satisfy the basic requirements.” Compliance would be done “by the book” when the right piece of…
Best execution for investment advisers ‐ The goal and the process
Margaret R.A. ParadisWhat exactly is the best execution duty of investment advisers? There is no clear consistent definition relied upon by regulators and courts and it has assumed different forms in…
SEC proposes significant changes to current market structure
Laura Pruitt, Howard KramerThe SEC has proposed several rules and rule amendments that, if adopted, would impact market structure of the equities markets for years to come. This article summarizes those…
Understanding behavior detection technology: How it finds suspicious behaviors and meets requirements of new compliance environment
Peter Adams, Nancy M. SmithAmid all the bad news of Wall Street wrongdoing, there is good news for financial services companies and compliance staff: A new generation of technology, called “behavior…
Institutional brokerage anti‐money laundering detection scenarios ‐ Filling the gaps
Robert N. SobolCertain institutional trading operations executives of major broker‐dealers currently are indicating that there is a paucity of guidance from regulators and others on the…
Soft dollars: A hot‐button issue ripe for reform
Alan C. Porter, Francine J. RosenbergerIn this time of heightened regulatory attention to potential conflicts of interest and the transparency of transaction costs in buying and selling portfolio securities, soft…
An overview of advisers act requirements for hedge fund managers
Terrance J. O’MalleyA hedge fund manager typically falls within the definition of an “investment adviser” under the Investment Advisers Act of 1940 (“Advisers Act”). Persons who fall within this…
Further thoughts regarding research analysts conflicts of interest: The 2004 joint memorandum
Amy N. Kroll, Valérie Demaret‐FlemingIn March 2004, the NASD and the New York Stock Exchange (the “NYSE,” together with the NASD, the “SROs”) issued a joint memorandum (the “2004 Joint Memorandum”) that provides…
ERISA and hedge funds
Gerald T. LinsThe Employee Retirement Income Security Act of 1974 (“ERISA”) is a complex piece of legislation dealing with the establishment, operation, and administration of employee benefit…
ERISA for securities professionals
Richard K. MattaThe following is an overview of how the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), applies to securities professionals such as registered investment…
ISSN:
1528-5812Online date, start – end:
2000 – 2021Copyright Holder:
Emerald Publishing LimitedEditor:
- Henry A. Davis