Of all the compliance topics claimed to “keep Chief Compliance Officers up at night”, personal liability rarely makes the top of the list. Perhaps it is because a CCO’s focus is keeping a firm safe, and by virtue of doing that, themselves. The CCO has a selfless role, yet it comes with a considerable liability proposition. If things go wrong, despite best efforts, a CCO may well find themselves in question.

The regular SEC refrain is that it doesn’t go after CCOs - while reminding them of their individual responsibilities in the same breath. The enforcement actions we have seen usually serve as egregious examples of conduct or willful negligence. However, we now have a far more aggressive SEC, supervisory-focused communications sweeps and a number of toothy rule proposals. Many CCOs are getting nervous.

Join us on Wednesday, December 14, for a webinar to discuss CCO liability, with Kelly Koscuiszka of Schulte Roth & Zabel and Igor Rozenblit of Iron Road Partners. Kelly’s expertise in advising private fund managers and representing them in litigation, coupled with Igor’s deep knowledge of the SEC from years in leadership roles there will make for a very insightful conversation. During the session, we will discuss the facts related to CCO liability, best practices, and what can affect personal risk in the role. Audience questions are welcome and encouraged.

We hope you will join us for this timely and informative session. For registration, please click on the link below.

Panelists:

Kelly Koscuiszka, Partner, Schulte Roth & Zabel
Igor Rozenblit, Managing Partner, Iron Road Partners

Moderator:

Suzan Rose, Senior Advisor, Government & Regulatory Affairs, AIMA