Five Checklists to Help CCOs Manage Their Compliance Programs

Being the CCO of a private fund manager comes with a lot of pressure. CCOs are largely responsible for ensuring the adequacy of managers’ compliance programs and yet often lack the resources and support they need. The SEC’s focus on individual accountability also has CCOs fearing they will be held personally liable for their firms’ compliance failures. As a result, CCOs – especially those in smaller firms – need all the help they can get to perform core compliance duties. To try to make the lives of CCOs a little easier, the Hedge Fund Law Report is highlighting five articles that include checklists CCOs can adapt and use to comply with SEC recordkeeping requirements, gather the documents typically requested by SEC examiners, comply with the Marketing Rule, assess their cybersecurity programs and convert a private fund manager into a family office. Additional articles containing checklists can be found under “Checklists” on the Hedge Fund Law Report’s Topics page.

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