How to Calculate Net Capital for a Broker-Dealer
Net capital is one of those broker-dealer rules that can make a perfectly sensible balance sheet feel like it’s speaking a different language.
How Are Hedge Fund Profits Taxed?
Our audit and accounting teams work with hedge funds, CPOs, CTAs, crypto funds, and not-for-profits, so the tax conversation doesn’t happen in its own little box.
Wake Me Up When September Compliance Ends: Five Updates
September is barely even halfway finished, and there’s already plenty to deal with.
Delaware vs. Cayman Islands: Which Entity Should Your Fund…
Delaware versus Cayman gets decided backward more than any other question in fund formation.
What Is SEC Rule 17a-5 and What Does It…
Rule 17a-5 asks for three things: quarterly filings, an annual report package, and an accountant qualified to sign it.
How Much Does It Cost to Start a Hedge…
You need enough capital to launch the fund, then enough runway to operate while you raise assets and build a track record.
Dog Days Afternoon: Five August Updates for Alternative Funds
The NFA and CFTC don’t mess around, and neither do we.
How to Choose the Right CPA Firm for Your…
It comes down to five steps, worked in order, with the fee dead last on purpose.
Why Prediction Market Customer Funds Sit in a Cleared…
Registered prediction market operators report zero futures segregation and their entire customer balance as cleared swaps. Why that is, and what the courts are contesting.