Mutual Fund Minute
Welcome to Sidley Austin LLP’s Mutual Fund Minute podcast, a series of short insights addressing issues of interest to fund directors, advisers, and other stakeholders. Join Sidley lawyers and guests as they discuss key regulations, industry developments, and what they may mean for you.
Mutual Fund Minute
Why Me? How the SEC Decides Which Investment Adviser to Examine
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Why me? And why now? That is usually the first thing an investment adviser asks when the Securities and Exchange Commission’s Division of Examinations comes knocking on the door. Understanding why the SEC chooses advisers for examinations at any given time could help the adviser better prepare for the inevitable.
In this episode of the Mutual Fund Minute, host and Sidley partner Jay Baris speaks with Ranah Esmaili, Sidley partner and a member of the firm’s global Securities Enforcement and Regulatory practice. Together they discuss how the Division of Examinations determines which advisers to examine and the scope of those examinations.