FM round-up: Food for thought:
Quote from Brian Shapiro, president of management and technology consulting firm Carbon360, in regards to the impending registration deadline imposed by the SEC.
“The SEC doesn’t have enough staff to cope with the amount of managers that will be rushing in the next three months to meet the registration deadline. The problem is, that if the request is not answered in 45 days, registration is automatically approved. How many managers will slip through the cracks because there weren’t enough resources at the SEC?” Brian Shapiro, president of management and technology consulting firm Carbon360.