Asset managers should review and update their policies, procedures and business activities to be ready for potential 2016 SEC and FINRA exams.
With investment management industry consolidation on the rise, smart asset managers know it makes sense to get your financial books and records in deal-ready shape.
The SEC proposed to limit the amount of leverage that mutual funds can gain via derivatives. New Rule 18f-4 would also amend the previously proposed Form N-PORT and Form N-CEN.
SEC concerns result in new cybersecurity guidance to help mutual funds prepare for attacks.
Even before the Jan. 13, 2016, comment deadline and later approval, make sure your liquidity risk management program is sound.
When changes occur, you need a firm that is dedicated to the registered investment company industry to help navigate new challenges.
Our team can help your organization reduce compliance costs and ease its tax and reporting burden. We offer compliance and advisory services related to international, federal, state, and local taxation. Our commitment to communicate and be proactive throughout the audit and tax return process helps keep our projects on time and within budget.
Having served registered investment advisers for more than 40 years, our knowledgeable professionals are skilled in the complex business, financial and regulatory issues that affect the industry. We can help you formulate efficient and effective solutions by leveraging the processes and controls of asset managers, transfer agents and other service providers; standardizing many aspects common to most mutual funds (e.g., asset pricing, diversification testing); and using our industry knowledge to help you streamline regulatory and reporting requirements.
Contact one of our professionals today to find out how we can provide meaningful solutions for you.
Michael C. Patanella
National Asset Management Sector Leader, Audit Partner
Phone: +1 212 624 5258
Location: New York, NY
John M. Stomper
Partner, Audit Services
Phone: +1 312 602 8080
Location: Chicago, IL
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We go beyond the traditional compliance and reporting aspects of audit and tax, providing services that offer real value.
No matter what hurdles you face, we can help you over them. Let's get started.
See more at: http://www.grantthornton.com/industries/financial-services/asset-management/RICs-mutual-funds