Hedge funds with Massachusetts clients: take note! A new law is going into effect on March 1, 2010 which affects the way you secure your information. Under the new law, entitled “STANDARDS FOR THE PROTECTION OF PERSONAL INFORMATION OF RESIDENTS OF THE COMMONWEALTH “, hedge funds will need to have written, comprehensive information security programs [...]
Entries Tagged as 'Reg S-P'
Heads up hedge fund registered investment advisers! The SEC’s proposed amendments to Reg S-P (privacy and safe-guarding of personal information) beef it up considerably and, if enacted as proposed, will undoubtedly come at an increased cost to RIA’s. The proposed amendments have several important components related to the development of a much more comprehensive “information security program” [...]