{"id":3337,"date":"2004-09-22T00:00:00","date_gmt":"2004-09-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-addition-caia-program-hedge-fund-training","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2004\/sec-addition-caia-program-hedge-fund-training.html","title":{"rendered":"SEC Announces Addition of CAIA Program to Hedge Fund Training"},"content":{"rendered":"<p><strong>The Securities and Exchanges Commission announced that the Chartered Alternative Investment Analyst Association\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s educational program will be added to their internal hedge fund trainingsystem.&lt;p&gt;<br \/><\/strong><\/p>\n<p>  &nbsp;<\/p>\n<p>  In a speech given to the Securities Industry Association at their \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cHedge Funds &amp; Alternative Investments Conference\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d, Commissioner Roel C. Campos of the Securities and Exchange Commission  announced that the SEC will be integrating the Chartered Alternative Investment Analyst Association\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s charter program into their internal hedge fund training system. &lt;p&gt;<\/p>\n<p>  &nbsp;<\/p>\n<p>  The CAIA program is comprised of a two level alternative investment exam system.&nbsp; The curriculum focuses on the five core areas of alternative investments: hedge funds, managed futures,  private equity, commodities and real estate.&nbsp; A thorough review of traditional finance fundamentals and professional standards is also incorporated. &lt;p&gt;<\/p>\n<p>  <em>&nbsp;<\/em><\/p>\n<p>Craig Asche, Executive Director of the CAIA Association, was excited to hear the news.&nbsp; \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2re thrilled that the SEC has chosen our program to compliment their own internal traininginitiatives!\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d &lt;p&gt;<\/p>\n<p>  &nbsp;<\/p>\n<p>  The SEC joins a growing list of organizations that use the CAIA examinations as an essential part of their AI training program, including PAAMCO, Citigroup and CSFB.&nbsp; Since the CAIA  Association offered the first exam in February \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a203, over 2,500 candidates from 46 countries have registered for the program.&nbsp; Over 700 organizations have sent participants through the  program.&nbsp; Candidates to date include prime brokers, banks, advisory, consulting, asset management and accounting firms, as well as public and private pensions, foundations, family offices  insurance companies and industry regulators. &nbsp;&lt;p&gt;<\/p>\n<p>  &nbsp;<\/p>\n<p>Jane Buchan, a CAIA designee and Managing Director of PAAMCO, said \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cI have often observed on a daily basis the value that participation in the CAIA program can bring to a firm.&nbsp; The programprovides a common analytical foundation for our employees, making it easier for us to more effectively serve our institutional investors.&nbsp; As a result, we consider the CAIA program requiredtraining for both investment and non-investment personnel.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d&lt;p&gt;<\/p>\n<p>  &nbsp;<\/p>\n<p>  The CAIA charter is earned through successful completion of all CAIA program requirements, including the Level I and Level II examinations.&nbsp; Earning the designation demonstrates an  individual\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s comprehensive understanding of the AI space and commitment to the highest ethical and professional standards.&lt;p&gt;<\/p>\n<p>  &nbsp;<\/p>\n<p>  &nbsp;<\/p>\n<p>  For further information, contact Mary Westervelt, <a href=\"mailto:westervelt@caia.org\">westervelt@caia.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchanges Commission announced that the Chartered Alternative Investment Analyst Association\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s educational program will be added to their internal hedge fund trainingsystem.&lt;p&gt; &nbsp; In a speech given to the Securities Industry Association at their \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cHedge Funds &amp; Alternative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3337","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3337"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3337\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}