News & Analysis

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June 6, 2017 | Compliance Alert

ACA has been working to build relationships with certain insurance carriers and brokers that offer coverage to our clients. Part of our efforts include negotiating discounts or premium reimbursements for firms that obtain one or more of our eligible products. Please check with your insurance broker for more information about insurance carriers that may offer discounts or other incentives, as well as the specific terms of those offers.

June 1, 2017 | Cyber Alert
Threat Summary

OneLogin, a password management platform, suffered a security breach that comprised customer data in the U.S. data region. Intruders were able to decrypt the encrypted data, exposing over 12 million users and 700 business customers. OneLogin reports that they've blocked the unauthorized access, reported the breach to law enforcement, and are investigating the cause of the breach.

May 30, 2017 | Newsletter
Introduction

The May 2017 edition of Performance Insight covers the acquisition of Ashland Partners' GIPS® verification and investment performance practice, reporting performance using time-weighted returns and IRRS, the GIPS 20/20 Consultation Paper, and other industry hot

May 25, 2017 | White Paper

ACA is pleased to present, Six Months into the Liquidity Risk Management Program Rule, a white paper examining the points of consideration for fund complexes and their advisers that have surfaced in the six months since the rule took effect.

May 22, 2017 | Compliance Alert

On April 25, 2017, the Financial Industry Regulatory Authority (“FINRA”) issued Regulatory Notice 17-18. The Regulatory Notice reminds broker-dealers of their recordkeeping obligations pertaining to business communications made through social media. Any business communications sent or received via social media must adhere to the same recordkeeping requirements as all other communications with the public.

May 17, 2017 | Cyber Alert

This alert contains information about the Windows 10 credential theft and an SEC risk alert on the WannaCry ransomware.

May 16, 2017 | Cyber Alert

This alert contains information about WannaCry ransomware updates, breach at DocuSign, and President Trump's executive order on cybersecurity.

May 12, 2017 | Cyber Alert
Threat Summary

The National Health Service (NHS) announced that they experienced a ransomware attack on Friday, 12th May, that affected 16 NHS organisations and some GP practices. Similar ransomware attacks were reported on Friday by companies in Spain, Portugal, Italy, and Ukraine including Telefónica (Spain's largest telecom operator). NHS Digital is working closely with the National Cyber Security Centre to investigate the attack and believes the malware variant being used is Wannacry Decryptor. NHS is working to resolve the problem as swiftly as possible.

May 11, 2017 | Newsletter

ACA Broker-Dealer Services ("ACA") invites you to download the latest edition of our newsletter via the link below. This issue highlights Clock Synchronization and Certification requirements and guidance on liquidity risk management practices.

May 10, 2017 | Press Release
With the completion of this acquisition, ACA will offer the largest team of GIPS verifiers in the world.

(New York, NY) - ACA Compliance Group (“ACA”) announced today that it will expand its GIPS verification and performance practice, ACA Performance Services, with the acquisition of Ashland Partners & Company, LLP’s GIPS verification and performance practice. The transaction is expected to close in June 2017. The financial terms of the transaction will not be disclosed.

May 9, 2017 | Compliance Alert

In January, ACA noted that the U.S. Securities and Exchange Commission (“SEC”) had published its 2017 examination priorities. As in previous years, the SEC’s Office of Compliance Inspections and Examinations (“OCIE”) identified the examination of private fund advisers as one of its priorities.

May 9, 2017 | Cyber Alert

This alert contains information about recent security vulnerabilities discovered in Microsoft antimalware products and Intel chips.

May 9, 2017 | Compliance Alert

In January, ACA noted that the U.S. Securities and Exchange Commission (“SEC”) had published its 2017 examination priorities. As in previous years, the SEC’s Office of Compliance Inspections and Examinations (“OCIE”) identified the examination of private fund advisers as one of its priorities.

May 8, 2017 | Article, Newsletter

At the 20th Annual GIPS Standards Conference, back in October 2016, Carl Bacon, chair of the GIPS Executive Committee, and Jonathan Boersma, Executive Director, GIPS, at CFA Institute, provided some insight into the next edition of the GIPS standards, currently being referred to as GIPS 20/20. 

May 8, 2017 | Article, Newsletter

The best methodology for calculating and presenting investment performance can be a tricky proposition. The choice will depend on the audience (prospect / current investor) and also what exactly the firm is trying to convey.  In fact, we have seen a slight uptick in interest for showing multiple performance streams. Below, we will explore the two most popular methods for calculating and presenting performance and what they mean for both prospective and current clients.