Insights
Lifting the Lid on the Systematic Trading: The Most Common Compliance Pitfalls
Navigating the matrix-like world of algorithmic trading is a complex task for compliance officers at SEC and FCA registered firms. Poor management results in adverse impacts for investors, losses or reputational damage. We reveal common compliance errors and provide guidance on how to rectify them.
- Compliance
Private Markets Quarterly Update 2021 Q4
Learn more about recent regulatory developments industry insights in our Private Markets Quarterly Newsletter.
- Compliance
NFA Announces Extension of Relief from On-site Branch Inspections
The NFA issued a Notice to Members on February 1, 2022, extending relief from performing on-site annual branch office inspections.
- Compliance
Cyber Insurance: Top Five Trends for 2022
The first blog post in a multi-part series on cybersecurity insurance produced by ACA Aponix’s Thought Leadership Team. The objective of this series is to provide clients with the highest quality insights and expertise on the changing and evolving cyber insurance marketplace.
- Cybersecurity
- Cybersecurity Resources
SEC’s Examination Division Shares Observations Relating to Common Deficiencies Uncovered in Private Fund Manager Examinations
On January 27, 2022, the SEC’s Division of Examinations (EXAMS) shared observations relating to common deficiencies uncovered in the examination of private fund advisers over a five-year period. These observations are a sequel to, and supplement, the observations EXAMS shared in their June 2020 risk alert. In our in-depth analysis, we cover what firms need to know about this risk alert.
- Compliance
Transaction Reporting Errors Expose Huge Gaps for Market Abuse and Systemic Risk Monitoring
ACA Group research has detected more than 6 million transaction reporting errors across a sample of 30 review projects, averaging 200,000 errors per review, with 97% of reports under MiFIR/EMIR contain inaccuracies. These errors expose huge gaps for market abuse and systemic risk monitoring.
- Compliance
- Trade & Transaction
- ACA News
- FCA
When Push Comes to Breach: Hackers Use Push Notifications to Bypass MFA
Multi-factor Authentication, while effective and widely accessible method of security, can be used in a cybercriminals’ ever-growing hacking portfolio. Hackers can now include the misappropriation of push notifications to bypass MFA—without needing access to a victim’s device.
- Cybersecurity
- Cybersecurity Resources
ACA and NSCP 2021 Cybersecurity Program Survey: Top 20 Findings
This report aims to highlight the top findings from the 2021 survey while also comparing results from years prior.
- Cybersecurity
- Cybersecurity Resources
Hedge Fund Quarterly Update 2021 Q4
Learn more about recent regulatory developments industry insights in our Hedge Fund Quarterly Newsletter.
- Compliance
- SEC
SEC Proposes Amendments to Private Fund Reporting
On January 26, 2022, the SEC voted to propose amendments to Form PF. The Proposed Rule is designed to enhance the data aggregated through private fund reporting. In our most recent blog, we break down the potential impacts of the proposal and what your firm needs to know.
- Compliance