ACGSF SEC Fireside Chat PE Firm Update

Kristin Snyder is Deputy Director of the SEC’s Office of Compliance Inspections and Examinations (OCIE) as well as OCIE’s National Associate Director of the Investment Adviser/Investment Company Examination Program.  Ms. Snyder also serves as the Associate Regional Director for Examinations in the SEC’s San Francisco Regional Office, where she leads the examinations program.  Ms. Snyder has worked at the SEC for more than fifteen years, and previously served as a Branch Chief and a Senior Counsel in the San Francisco office’s enforcement program.  Prior to joining the SEC staff, Ms. Snyder practiced with Sidley Austin Brown & Wood LLP in San Francisco.   She earned her law degree from the University of California Hastings College of the Law, and received her bachelor’s degree from the University of California at Davis.

Hardy Callcott’s practice concentrates on enforcement defense and regulatory counseling concerning securities market and regulatory issues for broker-dealers, investment advisers, mutual funds and others in the financial services industry. He provides securities enforcement defense before the SEC, Department of Justice, FINRA and other SRO and state regulators for members of financial services industry, public companies and officers and directors. Hardy is a Partner in Sidley’s global Securities and Derivatives Enforcement and Regulatory practice, which received the 2019 Chambers USA Award for “Financial Services Regulation Firm of the Year.” He was ranked nationally in Chambers USA for Securities Financial Services Regulation 2008–2020. He was with Charles Schwab & Co. Inc., as senior vice president and general counsel. He served in the General Counsel’s Office of the SEC as assistant general counsel for Market Regulation. Hardy earned his J.D. from Stanford Law School with distinction.

Jon Waterman is RSM’s national asset management practice leader and works exclusively with clients in the financial services industry, with particular expertise in meeting the needs of BDCs, investment partnerships, private equity funds, SBICs, registered investment advisors and regulated investment companies. Jon serves as both an audit lead partner and engagement quality review partner, as well as a SEC specialist on public registrants for clients of RSM.  Over the course of his career, he has been involved with both initial public and secondary offerings, worked extensively with various securities counsel and underwriters and been a frequent speaker and author on a host of topics in the financial services arena.

Andrew co-leads Promontory’s private fund practice.  Andrew focuses his practice on Investment Advisers Act and Investment Company Act compliance matters. He joined Promontory from the Securities and Exchange Commission where he spent seven years. He was most recently a senior specialized examiner in the Office of Compliance Inspections and Examinations where he led regulatory examinations of registered investment advisers throughout the U.S. to ensure compliance with federal securities laws and regulations. He was a founding member of the Private Fund Unit, the SEC’s first national specialized examination unit dedicated to building expertise in and conducting examinations of advisers to hedge funds, private equity funds, and other types of private funds. Prior to this role, he was a securities compliance examiner with OCIE.

Andrew was previously vice president of structured products and fund of funds finance and operations at an investment adviser where he managed operations for collateralized fund obligations and fund of funds financing. He also worked on compliance matters related to SEC and CFTC regulatory obligations. Before that, Andrew worked at another investment adviser where he was an analyst and execution trader.