Hedge Fund Blogs From HedgeCo.Net

Category Archives: Hedge Fund Technology

10 Tech Holiday Travel Tips to Keep You and Your Data Safe

Traveling with electronic devices puts personal and critical business information at risk. As we embark on the busy holiday travel season, we decided to share some useful tips to help prevent your data and devices from falling into the wrong hands. Here are Eze Castle Integration’s top 10: Back up Your Data Before You Leave: Prior to traveling, back up […]

Don’t Overlook These 3 Hedge Fund Technology Priorities

The following article is part of Eze Castle Integration’s Hedge Fund Insiders Article Series, which featured articles on a range of important topics. Today we look at technology (one of our favorite topics!). Technology was historically an afterthought for many hedge funds and a “check-the-box” item at that. Many firms took the approach that they could get away with the bare minimum […]

SEC Charges IA with Cybersecurity Failures

September 23, 2015 Dear Friends, The SEC announced that an investment adviser agreed to settle charges that it failed to establish required cybersecurity policies and procedures, to ensure the security and confidentiality of personally identifiable information (PII). The firm stored PII of approximately 100,000 individuals on a third party hosted web server, which was hacked in 2013. Following the attack, […]

SEC Announces Compliance Outreach Program Seminars

April 30, 2015 Dear Friends, Today, the SEC announced the schedule for its Compliance Outreach Program – regional seminars specifically for investment adviser and investment company senior officers. The seminars will include an overview of the SEC’s National Exam Program, as well as a discussion of current topics of interest for the Division of Investment Management, and the Enforcement Division’s […]

SEC Releases Cybersecurity Guidance

Dear Friends, The SEC released cybersecurity guidance, specific to registered investment advisers and registered investment companies. As summarized below, the SEC suggests advisers and funds:  Periodically assess the nature of data collected; internal and external threats; existing security controls; the impact of a breach, and the effectiveness of the governance structure for the management of cybersecurity risk. Develop a strategy to […]

SEC will Target Conflicts of Interest

March 10, 2015 Dear Friends, In a recent speech by Julie M. Riewe, Co-Chief of the Asset Management Unit (AMU), Division of Enforcement, Ms. Riewe, categorized the AMU’s 2015 priorities. The priorities are categorized by investment vehicle, Ms. Riewe stated the AMU will focus on: Hedge Funds: Undisclosed Fees; Undisclosed Conflicts: Related-Party Transactions, Valuation Issues, and Use of Friendly Broker […]

SEC to Conduct IT Related Exams

February 9, 2015 Dear Friends, Vincente Martinez, Chief of the SEC’s Office of Market Intelligence, stated that the SEC will conduct another round of exams, specific to IT controls, targeting a smaller group of investment advisers and broker-dealers. As the SEC stated in its Exam Priorities for 2015, cybersecurity governance will be an area of focus for the exam staff […]

SEC Exam Priorities 2015

January 13, 2015 Dear Friends, The SEC released its examination priorities for 2015, as outlined below. Cybersecurity: The SEC will continue its initiative to examine investment advisers’ and broker-dealers’ cybersecurity compliance controls and will also examine transfer agents. Alternative Investment Companies: The SEC will focus on mutual funds with alternative investments, specifically with respect to valuation, internal controls, and marketing […]

SEC Adopts Regulation SCI

November 20, 2014 Dear Friends, The SEC voted to adopt Regulation Systems Compliance and Integrity (SCI) requiring “comprehensive new controls for technological systems…to ensure any issues are promptly corrected and communicated to market participants and the Commission,” said SEC Chair Mary Jo White.   Certain self-regulatory organizations, alternative trading systems, plan processors, and exempt clearing agencies (“SCI Entities”) must adopt […]

Hedge Fund BlackRock Reports That Insurers Are Moving Towards Private Assets

New research from hedge fund giant BlackRock shows that even in the wake of the CALpers exit from hedge funds, insurance firms are making a move toward private market assets to diversify against the risks that have traditionally underpinned their businesses. Conducted by the Economist Intelligence Unit, the BlackRock-commissioned study surveyed 243 senior executive insurers with over $6.2 trillion of […]