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Compliance Services for Money Managers

Cipperman Compliance Services provides a broad array of services to investment managers. Below is a list of requirements for an effective compliance program. We work with our clients to define which tasks they want to perform in-house, and which outsourced compliance services they want us to take on.

We work with you to leverage your systems and processes, to support your existing infrastructure —enabling us to customize a solution for you. At your discretion, we will:

Outsourced CCO

CCS’ outsourced CCO team professional can provide the following CCO functions:

    Implement and Test

  • Maintain and implement the compliance manual and related policies and procedures
  • Conduct the Annual Review required by Rule 206(4)-7
  • Conduct the annual risk assessment
  • Assist compliance oversight of: proxy voting, AML, portfolio compliance, record retention, trading, brokerage, fair valuation, trade errors, correspondence and client complaints

    Manage

  • Designate a CCS professional to serve as a firm’s outsourced Chief Compliance Officer
  • Maintain a compliance calendar
  • Establish and run the compliance committee to review material compliance matters
  • Distribute the compliance manual and obtain applicable certifications
  • Monitor the client agreement form
  • Manage delivery of privacy notices
  • Manage licensing requirements

    Educate and Train

  • Inform personnel of compliance responsibilities
  • Conduct compliance training

    Respond and Resolve

  • Investigate misconduct and violations of policies and procedures
  • Provide regulatory advice and respond to internal inquiries
  • Respond to regulatory inquiries and FINRA or SEC exams

    Report and File

  • Prepare and file Form ADV amendments and state notice filings
  • Prepare 13F filings
  • Monitor the insider trading policy

    Review and Approve

  • Prepare and file Form ADV amendments and state notice filings
  • Review marketing materials for applicable SEC and FINRA related compliance
  • Prepare compliance materials for Boards and clients
  • Participate in Board/client meetings
  • Conduct due diligence of service providers

    Support your in-house CCO

    We can also act as a support resource for your in-house CCO:

  • Take responsibility for a specific set of duties from the list above, based on your needs
  • Flexible program developed around your pain points
  • Provide ad hoc services throughout the year at your request

    One Time Assessments/Consulting

  • Review current procedures
  • Assess processes and make recommendations

We are willing to do the “heavy lifting” required to ensure that our clients have well-designed and well-run compliance programs. Let us know how Cipperman Compliance Services can help you.

Compliance Services for Registered Funds

Cipperman Compliance Services provides a broad array of services to fund sponsors, boards and compliance officers. Below is a list of requirements for an effective compliance program. We work with our clients to define which tasks they want to perform in-house, and which outsourced compliance services they want us to take on.

We work with you to leverage your systems and processes, to support your existing infrastructure —enabling us to customize a solution for you. At your discretion, we will:

Outsourced CCO

CCS’ outsourced CCO team professional can provide the following CCO functions:

    Implement and Test

  • Implement and maintain the compliance manual and related policies and procedures
  • Conduct the Annual Review required by Rule 38a-1
  • Assist compliance oversight of: proxy voting, anti-money laundering, portfolio compliance, record retention, trading, brokerage, fair valuation, trade errors, correspondence and client complaints

    Manage

  • Designate a CCS professional to serve as a firm’s outsourced Chief Compliance Officer
  • Distribute the compliance manual and obtain applicable certifications
  • Maintain a compliance calendar
  • Manage delivery of privacy notices

    Educate and Train

  • Inform personnel and service providers of compliance responsibilities
  • Conduct compliance training

    Respond and Resolve

  • Investigate misconduct and violations of policies and procedures
  • Provide regulatory advice and respond to internal inquiries
  • Respond to regulatory inquiries and FINRA or SEC exams

    Report and File

  • Quarterly Board reporting of material compliance issues
  • Attend Board meetings
  • Assist the Code of Ethics processes
  • Monitor the insider trading policy

    Review and Approve

  • Review marketing materials for applicable SEC and FINRA-related compliances
  • Review compliance certifications and reports of fund service providers
  • Conduct due diligence of service providers

    Support your in-house CCO

    We can also act as a support resource for your in-house CCO:

  • Take responsibility for a specific set of duties from the list above, based on your needs
  • Flexible program developed around your pain points
  • Provide ad hoc services throughout the year at your request

    One Time Assessments/Consulting

  • Review current procedures
  • Assess processes and make recommendations

We are willing to do the “heavy lifting” required to ensure that our clients have well designed and well run compliance programs. Let us know how Cipperman Compliance Services can help you.

Compliance Services for Hedge & Private Equity Funds

The Dodd Frank Act now requires advisers to private funds with over $150 Million in assets under management to register with the SEC as an Investment Adviser. Along with this comes the requirement to design and implement a compliance program and designate a Chief Compliance Officer. Below is a list of requirements for an effective compliance program.

We work with you to leverage your systems and processes, to support your existing infrastructure—enabling us to customize a solution for you. At your discretion, we will:

Outsourced CCO

CCS’ outsourced CCO team professional can provide the following CCO functions:

  • Create a compliance program consistent with regulatory standards and tailored to your fund’s organizational structure
  • Focus on high risk areas such as:

    • Registration and Filings
    • Valuation and Trading Risk
    • Conflicts of Interest
    • Code of Ethics
    • Employee Trading

  • Assist in implementing compliance best-practices procedures to better benefit your business
  • Assist with registration of Funds and individuals
  • Write policies and procedures
  • Conduct risk assessments and control reviews
  • Undertake documentation review of underlying funds, due diligence procedures

    Support your in-house CCO

    We can also act as a support resource for your in-house CCO:

  • Take responsibility for a specific set of duties from the list above, based on your needs
  • Flexible program developed around your pain points
  • Provide ad hoc services throughout the year at your request

    One Time Assessments/Consulting

  • Review current procedures
  • Assess processes and make recommendations

We are willing to do the “heavy lifting” required to ensure that our clients have well designed and well run compliance programs. Go here for a more complete menu of services that CCS can provide.

Compliance Services for Broker-Dealers

Cipperman Compliance Services offers a broad array of options for brokers and dealers. Below is a list of requirements for an effective Broker-Dealer related compliance program. We work with our clients to determine which tasks they want to perform in-house, and which outsourced compliance services they want us to take on.

Our experienced team of compliance professionals assists Broker-Dealers with evaluating their front, middle and back office operations, risk management, regulatory compliance, and finance and accounting areas:

Outsourced CCO

CCS’ outsourced CCO team professional can provide the following CCO functions:

  • Ongoing compliance consulting
  • Customized written supervisory procedures manual and updates
  • Annual compliance meetings
  • Quarterly compliance reviews
  • Branch office reviews
  • Coordination of and responding to FINRA exams
  • Anti-money laundering procedures and updates and annual review
  • Written assessment of testing results, along with material findings
  • Compliance correspondence
  • Write/review new broker-dealer related compliance applications
  • Advertising compliance review
  • Sarbanes-Oxley compliance reviews
  • Regulatory Element tracking
  • Annual registration renewal reminders and tracking
  • Fidelity bond renewal reminder
  • Compliance newsletter
  • Annual compliance certification

    Support your in-house CCO

    We can also act as a support resource for your in-house CCO:

  • Take responsibility for a specific set of duties from the list above, based on your needs
  • Flexible program developed around your pain points
  • Provide ad hoc services throughout the year at your request

    One Time Assessments/Consulting

  • Review current procedures
  • Assess processes and make recommendations

We are willing to do the “heavy lifting” required to ensure that our clients have well designed and well run compliance programs. Let us know how Cipperman Compliance Services can help you.