<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:dc="http://purl.org/dc/elements/1.1/">
	<channel>
		<title>McGladrey: Alternative Investment Watch</title>
		<description><![CDATA[Alternative Investment Watch delivers critical insight to professionals operating within the space. The quarterly newsletter follows developments in accounting and finance and places them in the context of current events and changes in economic and marketplace trends.]]></description>
		<link>http://mcgladrey.com/</link>
		<lastBuildDate>Sat, 04 Feb 2012 19:42:49 +0000</lastBuildDate>
        <generator>FeedCreator 1.7.3</generator>
		<item>
			<title>The Volcker Rule and its implications on the banking industry</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/The-Volcker-Rule-and-its-implications-on-the-banking-industry</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/The-Volcker-Rule-and-its-implications-on-the-banking-industry</guid>
			<description></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>CFTC passes rule affecting investing of futures customer funds</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/CFTC-passes-rule-affecting-investing-of-futures-customer-funds</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/CFTC-passes-rule-affecting-investing-of-futures-customer-funds</guid>
			<description></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>Significant hedge fund redemptions will your funds be ready?</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/Significant-hedge-fund-redemptions-will-your-funds-be-ready</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/Significant-hedge-fund-redemptions-will-your-funds-be-ready</guid>
			<description></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>Year-end tax issues and recent developments for hedge funds to consider</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/Yearend-tax-issues-and-recent-developments-for-hedge-funds-to-consider</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/Yearend-tax-issues-and-recent-developments-for-hedge-funds-to-consider</guid>
			<description></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>SEC and CFTC propose private fund adviser reporting form Form PF</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/SEC-and-CFTC-propose-private-fund-adviser-reporting-form-Form-PF</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/SEC-and-CFTC-propose-private-fund-adviser-reporting-form-Form-PF</guid>
			<description><![CDATA[(Fall 2011) On Jan. 26, 2011, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) proposed new rules requiring registered investment advisers currently advising one or more private funds (private fund advisers) to file a Form PF.]]></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>Help I need a custody audit. What to expect in a surprise examination</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/Help-I-need-a-custody-audit-What-to-expect-in-a-surprise-examination</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/Help-I-need-a-custody-audit-What-to-expect-in-a-surprise-examination</guid>
			<description><![CDATA[(Fall 2011) In December 2009, the Securities and Exchange Commission ("SEC") made it more onerous and expensive for a registered investment adviser ("RIA") to continue operations with the passage of amendments to the existing custody requirements of Rule 206(4)-(2) under the Investment Advisers Act of 1940 (the "Act"). RIA's with custody of client accounts or affiliates of the RIA that have custody are now required to undergo an annual surprise examination.]]></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>SEC changes to the performance compensation rule affecting registered investment advisers</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/SEC-changes-to-the-performance-compensation-rule-affecting-registered-investment-advisers</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/SEC-changes-to-the-performance-compensation-rule-affecting-registered-investment-advisers</guid>
			<description><![CDATA[(Fall 2011) An order made by the Securities and Exchange Commission (the "SEC") on July 12, 2011, raises the thresholds that determine whether a registered investment adviser can charge performance fees to its clients. These changes stem from a requirement of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act").]]></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>Prepare Now for Custody Rule’s Mandated Surprise Review</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/Prepare-Now-for-Custody-Rules-Mandated-Surprise-Review</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/Prepare-Now-for-Custody-Rules-Mandated-Surprise-Review</guid>
			<description><![CDATA[(First Quarter 2011) The Securities and Exchange Commission finalized amendments to Rule 206 (4)-2 (the Custody Rule) under the Investment Advisers Act of 1940 in December 2009. The final rule became effective as of March 12, 2010.
Recent fraud cases had propelled the SEC to amend its previous Custody Rule by providing “additional safeguards” under the Advisers Act. The amendments state that when a registered adviser has custody of client funds or securities, the adviser, among other things, is required to:
“Undergo an annual surprise examination by an independent public accountant to verify client assets; to have the qualified custodian maintaining client funds and securities send account statements directly to the advisory clients; and unless client assets are maintained by an independent custodian (i.e., a custodian that is not the adviser itself or a related person), to obtain, or receive from a related person, a report of the internal controls relating to the custody of those assets from an independent public accountant that is registered with and subject to regular inspection by the Public Company Accounting Oversight Board … These amendments … will provide for a more robust set of controls over client assets designed to prevent those assets from being lost, misused, misappropriated or subject to advisers’ financial reverses.”
Registered Investment Advisers (RIAs) are now required to begin the surprise examination on or before Dec. 31, 2009. If the RIA also acts as a qualified custodian, the first surprise examination must...]]></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>Seven Steps to Starting an Investment Advisory Business</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/Seven-Steps-to-Starting-an-Investment-Advisory-Business</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/Seven-Steps-to-Starting-an-Investment-Advisory-Business</guid>
			<description><![CDATA[(First Quarter 2011) And even once you resolve those details, you still must address one of the most important issues facing your new business – raising capital to manage. Investors have become very conservative with their investments, and convincing an investor to allocate assets to a new investment advisor is not an easy task. The first part of the process involves getting an introduction and setting up the actual meeting.
Be sure to first consider your potential investors, from the type of investor you expect to attract (such as high net worth individuals, institutions or pension plans), as well as what those different investors will look for in your organization. After you have identified your targets, it is time to consider where and how you will meet that audience.]]></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
		<item>
			<title>Decision Time Do Mid Sized Hedge Funds Need to Make Strategic Choices About Client Targeting</title>
			<link>http://mcgladrey.com/Alternative-Investment-Watch/Decision-Time-Do-Mid-Sized-Hedge-Funds-Need-to-Make-Strategic-Choices-About-Client-Targeting</link>
			<guid>http://mcgladrey.com/Alternative-Investment-Watch/Decision-Time-Do-Mid-Sized-Hedge-Funds-Need-to-Make-Strategic-Choices-About-Client-Targeting</guid>
			<description><![CDATA[(First Quarter 2011) Though institutional mandates have a clear appeal – namely large allocations of capital, the ability to attract other large investors and the resulting management and incentive fees, they are not without some potential drawbacks. The just-released McGladrey and Greenwich Associates 2010 Hedge Fund Industry Survey Report takes a look at the challenges and demands on high net worth and family office investors as they seek to shift focus to large investors.]]></description>
		<dc:creator>McGladrey</dc:creator>
		</item>
	</channel>
</rss>

