Investment Management Partner Discusses Compliance Issues with Liquid Alternatives in Ignites

In The News
November 6, 2014

Investment management partner Brian McCabe (Boston) is quoted in a Nov. 5 Ignites article titled “Alt Fund Questions Stress Out Compliance Pros: Poll” which examines the results of a poll that shows liquid alternative fund compliance is the greatest source of regulatory concern among the polling sample, which was composed of fund compliance specialists. Mr. McCabe explains that compliance is increasingly difficult as more complex alternatives are developed and notes that the SEC’s focus is on the leverage, valuation and liquidity of these products, adding “the more complicated the instruments you’re working with, the more nervous people are about the liquidity of those instruments.”