New York, New York\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 November 1, 2006 \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 HedgeOp Compliance LLC, a leading provider of specialized products and services to the hedge fund community, and Chief Compliance Officers from several prominent alternative investment firms announced today the formation of the Alternative Investments Compliance Association. The new association is dedicated to open communication among industry participants, and fostering the development and sharing of compliance best practices. The new association will also serve as a strong advocate for its members in making sure that regulations are as streamlined and efficient as possible. Membership in the Alternative Investments Compliance Association is open to chief compliance officers, mid-level compliance professionals, hedge fund and fund of hedge fund managers, private equity firms, industry service providers and other senior executives within the alternative investments industries.<\/p>\n
\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe Alternative Investments Compliance Association is focused exclusively on the unique compliance and regulatory issues applicable to the alternative investments industry,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said William G. Mulligan, Jr., CEO of HedgeOp Compliance. \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cIn this rapidly evolving environment, firms of all sizes can benefit from the development and sharing of formal policies and best practices for handling regulatory compliance and operational issues.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n
At the outset, the Alternative Investments Compliance Association will focus on the following:
\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 The current state of SEC rules and required procedures
\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 Recent and future legislative compliance and regulatory developments
\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 Regular \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cinformation sharing meetings\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d with regulators
\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 Sharing of compliance best practices among industry participants
\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 The use of technology to address compliance requirements<\/p>\n
The founding meeting of the Alternative Investments Compliance Association was held in New York on October 3, 2006 by invitation only at the offices of HedgeOp Compliance. The association was founded by representatives of over 10 alternative investment firms with an aggregate of over $12 billion in assets under management. The Alternative Investments Compliance Association will be holding its next meeting later this year and will be open to wider membership. About HedgeOp Compliance, LLC New York, New York\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 November 1, 2006 \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 HedgeOp Compliance LLC, a leading provider of specialized products and services to the hedge fund community, and Chief Compliance Officers from several prominent alternative investment firms announced today the formation of the […]<\/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-5227","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5227","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=5227"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5227\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Additional information can be obtained by sending an email to: membership@aica-info.com<\/a>. The Association expects to have an informational website available at www.aica-info.com<\/a> later this fall.<\/p>\n
<\/u><\/strong>Founded in 2001, HedgeOp has developed a successful business based on its proactive approach to servicing clients and proven reputation. HedgeOp\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s clients range from start-up hedge funds to large firms with well-established track records. Since inception, HedgeOp\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s unwavering focus has been to support both registered and unregistered hedge fund managers with superior products and services to address the ever-changing regulatory environment and investor demand. <\/p>\n","protected":false},"excerpt":{"rendered":"