AIMA Webinar Replay: Exam Deficiencies for Private Fund Advisors
Published: 27 September 2021
Recorded on September 23, 2021
Foreside walked members through the unique regulatory risks that private fund advisors face. This session discussed common issues and deficiencies that fund advisors experience during SEC exams and provide practical tips to avoid them.
Specific topics addressed:
- Conflicts of interest
- Allocation of fees/expenses
- Compliance programs
- Form ADV and Form PF filings
- Curtis Flippen, Senior Director, Foreside
- Craig Moreshead, Managing Director, Foreside
- Luis Gomez, Senior Director, Foreside
In partnership with:
Curtis Flippen, Senior Director
Mr. Flippen provides compliance consulting to investment advisor clients, which may include providing advice and guidance on firm and individual registrations, examinations, firm policies and procedures, federal and state regulatory rule interpretations, and risk assessments. With more than 20 years of experience in legal and compliance, he is a risk management and compliance professional with expertise in private fund compliance and regulatory matters. Prior to joining Foreside, he was with QMA/Prudential, MetLife Advisors, Deloitte, Bear Stearns Asset Management, and E&Y, where he held various compliance roles.
Luis Gomez, Senior Director
Mr. Gomez is responsible for external business development, sales initiatives, and strategic partnerships. Prior to joining Foreside, he has held roles across equity, fixed income, and alternative products for firms, including Drexel Burnham, Peregrine Brokerage, Morgan Stanley, Tree Capital, Bradesco Asset Management, CressCap Investment Research, and Yugen Partners. He holds the FINRA Series 6 registration and has over 30 years of experience within the financial services industry.
Craig Moreshead, Managing Director
Mr. Moreshead oversees Foreside’s investment advisor compliance services team which provide strategic and regulatory guidance to investment advisors under the investment advisers Act of 1940 and state securities laws. Prior to joining Foreside, he served as in-house counsel for a large financial services company and has more than 25 years of experience providing regulatory compliance services to private fund managers, registered investment companies, and retail investment advisors.