Episode 86: The Annual Review with Annie Kong, IQ-EQ Artwork

Tokens of Wisdom

Do you love investing? Ever thought about turning that passion into a business? Listen up to learn to navigate the legal loopholes in forming, launching, and running a private investment fund, including considerations unique to digital asset/crypto funds. Dave Rothschild is a partner at Cole-Frieman & Mallon, one of the country's premier boutique investment management law firms with deep experience in traditional assets, as well as esoteric asset classes like digital assets. For questions or comments, email tow@colefrieman.com. Visit our website: https://colefrieman.com

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Tokens of Wisdom

Episode 86: The Annual Review with Annie Kong, IQ-EQ

July 09, 2026 • Dave Rothschild • Episode 86

0:00 | 37:12

Episode 86: The Annual Review with Annie Kong, IQ-EQ

Annie Kong, Regional Lead (West) of Regulatory & Compliance, U.S. at IQ-EQ joins the Tokens of Wisdom Studio to explain what’s actually involved in an investment adviser’s annual review. Annie shares insights on the importance of ongoing compliance reviews, how to approach annual reviews proactively, and the ever-evolving regulatory landscape.

Key Points From This Episode:

Ongoing compliance review vs. check-the-box approach
Breaking down the annual review into quarterly testing
Tailoring reviews to specific manager strategies and risks
SEC's focus on substantive review over documentation
Incorporating AI and cybersecurity into compliance programs

Disclaimer:

This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.

Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/

Links Mentioned in Today’s Episode:

Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/

Annie Kong - https://www.linkedin.com/in/annie-kong-3bb24a30/

Cole-Frieman & Mallon LLP - https://colefrieman.com/

IQ-EQ - https://iqeq.com/us/

Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg

For any questions or comments, email: tow@colefrieman.com

Watch Tokens of Wisdom on YouTube: https://www.youtube.com/@Tokens_DCR