18f-4: Hidden Risks

18f-4: Hidden Risks

Gary Mandelblatt Gary Mandelblatt

Gary Mandelblatt

Managing Partner at NextGen Strategic Advisors

发布日期: 2021年10月18日
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The SEC's rule?18f-4 Use of Derivatives for Funds and BDCs?compliance requirements are deceptive. The Derivatives Risk Manager will be required to perform significantly time consuming?daily, weekly and monthly activities?including:

  • Implementing a Comprehensive Risk Management Program
  • Verifying Daily Value-at-Risk (VaR) Calculations
  • Performing VaR Limit Monitoring and Limit Excess Compliance
  • Completing Portfolio Stress Testing
  • Board of Directors (BOD) Reporting
  • Recordkeeping and Record Retention
  • SEC Regulatory Reporting and Engagement

NextGen Managed Services:?Expertise and Cost Efficient.

NextGen 18f-4 Managed Services Offerings:

  • Turnkey Risk Management Program - Policies & Procedures
  • Daily 18f-4 Compliance Support
  • Daily VaR Limit Monitoring and Derivatives Risk Manager Support
  • Daily, Weekly, Monthly and Quarterly Risk Management Reporting
  • Quarterly Board of Directors Reporting
  • Recordkeeping Compliance
  • VaR Calculation – Through Industry Leading Partners

18f-4 Managed Services: Learn More

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