• Regulatory Professionals
    Your independent partner…
    with attributes few others can match
  • Control
    Manage your risk
    • 24/7/365 direct access to your
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    • Daily/weekly/monthly reporting
    and on-site work
  • Transparency
    Understand the process
    • Processes designed with clarity
    and openness
    • Our focus is always on your
    strategic priorities
  • Reputation
    Work with the best
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    • Respected by clients, regulators
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Latest

  • “OUR TAKE” SAVE THE DATE: Thursday, November 6, 2014 for lunch and insights.
  • NSCP CONFERENCE 2014: Stop by the CCS Booth anytime!
  • NSCP CONFERENCE 2014: Panel Discussion on October 21st at 9:30-10:30 in the Main Exhibition Hall
  • SEEN ON “THE STREET”: Todd Cipperman asked about alternative mutual fund exams watch now >>
  • “BEST PRACTICES” SURVEY: The results are in—and the responses are here... read now >>
  • SURVEY SAYS…: C-Suite respondents point to failure of firm leaders read now >>
  • QUOTED IN THE WSJ: Todd Cipperman opines on outsourcing CCOs read now >>
  • “BEST PRACTICES” SURVEY: Cipperman queries C-suite financial professionals... read now >>
  • “COWBOY MINDSET”: Hear Todd Cipperman’s interview on Bloomberg Radio listen now >>
  • "BUSINESS DAY PM": Watch Todd Cipperman’s interview on Business News Network watch now >>
  • “TAKING STOCK”: Hear Todd Cipperman’s interview on Bloomberg Radio listen now >>
  • “OUR TAKE” WEBINAR: How to Survive an SEC Exam watch now >>
  • "OUR TAKE" MILESTONE: Blog now reaches 2,000 industry professionals Read now >>

Upcoming Events

Emily Silva: CCS Panelist at NSCP Conference 2014

Tuesday, October 21st
9:30 AM - 10:30 AM
Main Exhibit Hall
Also stop by the CCS Booth!

Read more about the event here.

Our Take Live

Thursday, November 6th
11:30 AM - 2:30 PM
Maggiano's Little Italy, KOP

Read more about the event here.

Interviews

Todd Cipperman

on “The Street”

See his latest interview about “SEC Eyes Examination of Alternative Mutual Funds”

Watch Here

Todd Cipperman

quoted in Wall Street Journal

Read the Article

Todd Cipperman

Interviewed on Bloomberg Radio

Listen Here

Featured Blog Articles

$15 Million Fine for Failing to Adopt Advisor Compliance Procedures

9.25.14

“A large broker-dealer agreed to pay a $15 Million fine and reimburse clients another $3.8 Million for failing to adopt reasonable compliance policies and procedures after acquiring...”

Read More

SEC Slams HFT Firm with $16 Million Penalty for Net Capital Calculations

9.18.2014

“A high frequency proprietary trading firm will pay a $16 Million penalty to settle charges that it consistently understated...”

Read More

Private Equity Firm to Pay $2.3 Million for Misallocating Portfolio Company Expenses

9.23.2014

“A private equity firm agreed to pay over $2.3 Million in penalties, disgorgement and interest for failing to properly allocate...”

Read More

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How Good Is Your Compliance Program?

Will it withstand SEC scrutiny during a regulatory exam? Do you assess your regulatory risk the same way that the SEC does? Should you be worried?

Worst-case scenario: You’ve done something so egregious that the SEC lawyers refer the case to Enforcement, which could lead to public censure, fines, expensive undertakings, and industry bans.

Least-bad scenario: A problem shows up on a deficiency letter that a potential client will see.

In between: You and your firm become entangled in an ongoing regulatory dialog with the SEC that costs time and money. And, once the SEC determines that you or your firm is a compliance risk, you will likely see the examiners on an annual (if not continuing) basis.

Turn to CCS

With the increasing complexity and visibility of regulatory oversight, investment organizations are choosing to utilize independent partners to develop and execute compliance programs.

Cipperman Compliance Services (CCS) provides compliance services to registered funds and money managers. CCS creates compliance solutions that work for dynamic firms by leveraging the experience of a multi-disciplinary team of lawyers, compliance and operations professionals, and applying a management-focused approach to client services.

CCS takes full accountability for implementing its advice and solutions, which include serving as a firm’s chief compliance officer, creating customized compliance programs, conducting compliance reviews, and responding to regulatory inquiries.

Compliance Rules

Apply the Goldilocks rule of valuation: Not too high, not too low, Just Right.