Douglas F. MacLean
Douglas F. MacLean of Armor Compliance has joined forces with SageTree Seminars to offer a timely seminar at 10 sessions throughout the country this fall teaching private equity, hedge fund managers and attorneys about the Investment Advisers Act. The recently-passed Dodd-Frank Act radically affects the compliance obligations of private equity and hedge fund managers. Managers with more than $150 million in assets under management ($100 million if advising any separately managed accounts) now need to register under the Investment Advisers Act, implement policies and procedures as provided in a compliance manual and appoint a chief compliance officer.
The day-long seminar is a unique, hands-on training led by a notable panel of compliance officers, attorneys and former regulators. Its purpose is to develop a solid understanding of the law and its impact on private equity and hedge fund managers. The seminar is designed to also give practical advice on how to prepare for compliance, how to draft and file required documents, and how to draft and implement a compliance manual. Attendees should come away from this seminar with a detailed, step-by-step plan to ensure compliance with the Investment Advisers Act.
Mr. MacLean suggested that the seminar would be “quite appropriate for private equity and hedge fund professionals who will need to understand SEC registration and the Investment Advisers Act or attorneys who want practical exposure to IARD, Form ADV Part I and II, and a compliance manual, or perhaps simply need CLE credits in certain jurisdictions.” Those jurisdictions include New York, California, Texas, Florida and Illinois.
Three sponsors so far have signed onto the seminar series: TradeStation, Capital IQ and BDO Seidman. The seminars are likely to attract CFOs and COOs of private equity and hedge fund managers, in-house counsel and chief compliance officers, attorneys seeking to broaden legal practices, and other service providers to fund managers.
The seminar will specifically answer the following questions:
- What is the new law?
- Who is impacted?
- What are the filing requirements?
- What is the role of the CCO (Chief Compliance Officer)?
- How do you navigate the IARD?
- How do you file Form ADV?
In addition, attendees will receive instruction on understanding, drafting and implementing a compliance manual.
The announced schedule for this seminar is as follows:
- New York 09/23/2010
- Chicago 09/30/2010
- San Francisco 10/05/2010
- Los Angeles 10/07/2010
- Boston 10/14/2010
- Greenwich 10/21/2010
- Miami 10/28/2010
- Dallas 11/04/2010
- Washington D.C. 11/11/2010
- New York 11/18/2010
Those who would like further information about this seminar can visit http://www.sagetreeseminars.com.
SageTree Seminars LLC hosts hands-on educational seminars on legal, medical, financial and technology topics. Its philosophy is to provide nuts & bolts training to professionals using step-by-step curriculum and instruction to individuals, corporations and organizations.
Armor Compliance LLC offers comprehensive compliance protection services. It partners with investment advisers who do not wish to hire a full-time Chief Compliance Officer, yet require impenetrable compliance protection, as well as guidance navigating the ever-changing and complex U.S. securities laws. Douglas F. MacLean is the Founder and Managing Member of Armor Compliance. Prior to starting Armor Compliance, Mr. MacLean was an attorney at the international law firms of Latham & Watkins, K&L Gates and Bingham McCutchen for over 9 years. He is admitted in state and federal courts in the Commonwealth of Massachusetts and the State of New York. Mr. MacLean graduated cum laude from Harvard College in 1994 and graduated from Cornell University in 2000 with a J.D. from Cornell Law School and an M.B.A. from the Johnson Graduate School of Management.
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