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Services

Since 2003, our team has been providing expert compliance consulting services to the financial services industry. We take pride in maintaining our client relationships and delivering the highest levels of service. Our client base includes some of the most respected names in the financial services industry and ranges from large international firms to small firms with only a few key people. Our satisfied clients include advisers, institutional investors, directors, private funds, investment companies, and broker-dealers.

Our service offering includes compliance consulting, hedge fund operational due diligence, and expert training.

Independent Compliance Consultant

Many SEC enforcement cases result in orders or settlements where the subject (for example, an adviser, fund or broker dealer) is required to timely retain the services of an independent compliance consultant (the “Independent Consultant” or "ICC") that is acceptable to regulators. These subject firms must engage an Independent Consultant to conduct an independent review depending on the details of the order or settlement. Read more »

Compliance Consulting and Registration Services

At SEC3, we understand what regulators and investors expect from a compliance program and firm operations. We also understand that, because of the unique characteristics of your firm and your clients, an off-the-shelf compliance program is not likely to meet all of those expectations. We offer an extensive suite of customizable compliance and due diligence services for investment advisers, private fund advisers, investment companies, institutional investors and broker-dealers which can complement your internal compliance program on a one-time or recurring basis depending on your needs. Read more »

Private Equity Fund Manager - Outsourced Chief Compliance Officer

As a registered investment adviser, a private equity fund manager is required to designate a Chief Compliance Officer. In addition, as a fiduciary, an adviser and related persons also owe a duty to place clients' interests ahead of their own. These duties include duties of trust, care and loyalty. The SEC has made it clear that they are closely examining private equity fund managers to ensure that they are taking these duties seriously, and abiding by them. The SEC has already brought significant enforcement actions against fund managers for alleged violations involving fraud; valuation; marketing; investment allocations; and expense allocations. Read more »

Outsourced Chief Compliance Officer

Our outsourced CCO solution provides a highly qualified named CCO supported by a team of experienced professionals. Our CCO support team includes ex- SEC examiners, securities attorneys, qualified accountants, CFA’s and professionals who have served as trustees and directors. Read more »

Training

SEC3 provides customized training to various registrants within the financial services industry. In each instance we design training modules with the goal of delivering efficient high-impact sessions. We ensure content is delivered in such a way as to be appropriate to each group's operational functionality. We can provide training through various means including in-person sessions, by teleconference and through online webinars. Each training module can be solely instructor lead or interactive where each participant has the ability to ask questions. We have provided hour long training sessions led by one instructor and we have provided multi-day training led by a group of instructors. Read more »

Due Diligence

Operational Due Diligence services focus on all aspects of operations and, depending on the engagement, may include extending beyond the investment manager’s operations. SEC3 will extend the reach and assess the investment vehicles’ structure and the risks related to activities performed by the services providers (administrators, transfer agents, auditors and lawyers etc.) We will drill down and provide a detailed report of our findings against the backdrop of the industry’s current best practices. Based on our assessment and through discussions with you, we offer recommendations, suggest practical enhancements, and assist in the implementation. We recognize each client is unique and always customize our deliverable to specifically meet those unique client needs whether they are investors, managers, directors or even regulators. Prior to performing any engagement, we sit down with each client to gain a thorough understanding of their due diligence focus and agree on a detailed scope for the engagement. Quite often, we are able to provide considerable input at this stage and as we identify areas of risk that the client may not have yet considered. Read more »

Latest from Finra

Newsletter

Get the latest compliance news and insights - delivered weekly. The SEC3 Communique covers all compliance topics. CCO3 focuses on CCO topics.
tip: check both to keep informed!

Communiques

Two Recent Enforcement Actions Against Private Fund Advisers

The industry should not misinterpret the SEC’s 2018 National Exam Program Priorities as a shift away from private fund advisers. As discussed during the SEC’s recent National Compliance Outreach Seminar... read more »

2018 - Are you ready for your next SEC exam?

The pool of registered investment advisers that will be subject to an SEC exam in 2018 is at the highest level seen in years. The SEC projects it will examine... read more »

Navigating the Changes to Form ADV

On August 25, 2016, the U.S. Securities and Exchange Commission adopted numerous substantive and technical amendments to Form ADV. While the adopting release required advisers to begin complying with the... read more »

Overlooked Benefits of E&O/D&O

While asset managers should always be aware of the protections provided by their E&O/ D&O coverage, there are more reasons than ever to think about it now. The SEC continues to... read more »

SEC3 Newsletter

Commentary: How Compliance Officers & Firms Can Help Limit CCO Personal Liability This article originally appeared on the Thomson Reuters Regulatory Intelligence subscription service for compliance and risk professionals and is... read more »

Wishing One-and-All a Happy, Healthy and Prosperous New Year

We hope each of you found some peace and tranquility in the company of loved ones this holiday season and want to wish one-and-all a happy, healthy and prosperous New... read more »

Events

Webinar: 2018 SEC Exam Priorities & Recent Exam Highlights

Don’t miss the opportunity to meet with us in person to discuss the topics that matter most to you. Tobin S. Cochran, Managing Member/President of Focus 1 Associates, LLC and...

Chief Compliance Officer Roundtable: Breakfast Briefing - February 7, 2018

When: February 7, 2018 Where: Blank Rome LLP | The Chrysler Building | 405 Lexington Avenue | New York, NY 10174 | 22nd Floor Boardroom | Phone: 212.885.5000 Schedule: 9:00-9:30am - Networking...

Upcoming Events - September & October 2017

Upcoming Events Don’t miss the opportunity to meet with us in person to discuss the topics that matter most to you. SEC3 is teaming up with industry experts in NYC to discuss...

May 23, 2017 - Webcast: WannaCry Ransomware: Were You Really Protected or Just L…

When: Tuesday, May 23rd, 2017 | Schedule: 12pm - 1pm EST Who: Paul Caiazzo, CEO and Co-Founder, TruShield Security Solutions Michael Brice, Founder, BW Cyber Services John Lukan, Managing Director, SEC Compliance Consultants, Inc. We...

June 14, 2017 - Compliance Breakfast Briefing

8:30-9:00am - Networking and Continental Breakfast 9:00-10:30am - Program Location: Willkie Farr & Gallagher LLP | 600 Travis Street | Suite 2310 | Houston, TX Barry Barbash from Willkie Farr & Gallagher LLP,...

June 13, 2017 - Compliance Breakfast Briefing

8:30-9:00am - Networking and Continental Breakfast 9:00-10:30am - Program Location: Haynes and Boone, LLP | 2323 Victory Avenue | Suite 700 | Dallas, TX 75219 Validated parking is available in the garage attached...

May 31, 2017 - Chicago

9:00-9:30 a.m - Networking and Continental Breakfast 9:30-11:00 a.m - Program Location: Baker & McKenzie LLP | 300 East Randolph Drive | Suite 5000 | Chicago, IL 60601 Kristin Gonzalez and Jerome Tomas...

May 17, 2017 (NYC WIMF)

This event is by invitation only. Please email info@seccc.com to learn more.

May 15, 2017 (NYC Chief Compliance Officer Roundtable)

9:00-9:30am - Networking and Continental Breakfast 9:30-11:00am - Program Location: Blank Rome LLP | The Chrysler Building | 405 Lexington Avenue | New York, NY 10174 | 22nd Floor Boardroom | Phone:...

Webcast: The Most Insidious Cybersecurity Threat Is Also The Least Understood

When: Tuesday, April 25th | Schedule: 12pm - 1pm EST Who: Paul Caiazzo, CEO and Co-Founder, TruShield Security Solutions Michael Brice, Founder, BW Cyber Services John Lukan, Managing Director, SEC Compliance Consultants, Inc. Ransomware, the...

CCO Liability (Part III): Managing Liability Webinar

In this webinar, panelists discuss indemnifications and insurance as potential remedies to address the direct financial risks to a CCO. Attendees will learn: What terms and conditions should Chief Compliance Officers be...

Webinar: CCO Liability (Part III): Managing Liability: Navigating Indemnities an…

When: Tuesday, February 21, 2017 Schedule: 11:00am ET / 10:00am CT / 9:00am MT / 8:00am PT / 7:00am AT Description of Webinar: The National Society of Compliance Professionals is pleased to host...

Webcast: SEC 2017 Examination Focus Area – Cybersecurity Testing

Penetration Testing & Vulnerability Assessments - Examining the SEC & FINRA Requirements When: Wednesday, January 25th | Schedule: 12pm - 1pm EST Who: Paul Caiazzo, CEO and Co-Founder, TruShield Security Solutions Michael Brice, Founder,...

Chief Compliance Officer Roundtable: Breakfast Briefing

When: October 20, 2016 Where: Blank Rome LLP | The Chrysler Building | 405 Lexington Avenue | New York, NY 10174 | 22nd Floor Boardroom | Phone: 212.885.5000 Thomas Westle and Janaya...

Practicing Law Institute - Hedge Fund Management 2016

When: September 15, 2016 Where: New York & concurrent webcast | 1177 Avenue of the Americas | New York, NY 10036 Schedule: 9:00 am – 5:00 pm Janaya Moscony, President of SEC3 will...