This session will address recent valuation issues and priorities to provide best practice solutions and ensure compliance with the rules, regulations, and guidance. It will provide an overview of the valuation requirements for registered investment companies and private funds, including the increased uncertainty regarding “readily available market quotations” and updated fair valuation methodologies. Industry experts will discuss enforcement actions and regulatory and accounting guidance to understand the more complex and complicated processes of fair valuation, matrix pricing, and pricing of complex securities.
• Understand legal and regulatory requirements related to valuation, including the limitations on market quotations as valuation sources
• Learn about best practices of valuation processes for registered investment companies and private funds, including during periods of market stress
• Discuss applications of recent SEC new rules, guidance, and lessons learned enforcement actions
• Discuss best practices for third party service provider oversight, fixed income pricing and fair valuation