Alert May 05, 2009

SEC Staff Announces Adviser/Fund CCO Regional Seminars

The SEC staff announced its 2009 CCOutreach Regional Seminars for adviser and fund chief compliance officers, which will take place in May, June, and July.  Ten seminars will be available via live audio and video webcast.  The topics covered at the Regional Seminars will include significant focus areas during examinations, including how the staff identifies deficient practices and control weaknesses and controls advisers have instituted to mitigate and manage risks.  The  SEC’s announcement suggests that the topics may be most beneficial for mid-size and smaller adviser CCOs.  The Regional Seminars often include question‑and‑answer sessions and, given their smaller size, are more conducive to audience interaction than the National Seminar.  In addition, CCOs that attend a Regional Seminar may interact with the staff from their local SEC office.  (CCOs in the region where a Regional Seminar is held are given preference in the selection of the limited number of people allowed to attend in person.)  Registration for attendance in person or via webcast is available at  The agenda for the Regional Seminars is posted on the SEC website at