This Executive Summary was prepared exclusively for distribution to professionals who participated in the survey. Please do not distribute it outside of your firm. Other distribution is not authorized. Entire contents © 2004, D.M.R., Inc.

This summary was updated on 10-27-04 to show final survey results for:

• USA PATRIOT Act expenses
• Budgeting trends
• CCO compensation

Complete Report:

If you find the executive summary useful, you will find more information in the final report, available for purchase.

The report includes:

• More detailed information about employer staffing plans, compliance job candidate experience requirements and planned recruitment methods.
• Procedures firms have created to ensure that their CCO’s will receive information required to obtain needed insight on business operations, including fund service providers.
• Budget and expense forecasts, including anticipated expenses for outside resources supporting the compliance function.
• A review of information resources professionals use to keep informed of compliance regulation and practices.

Benefits:

The final survey report will serve as a valuable resource in helping firms benchmark their budgets, staffing plans and audit practices against industry peers. Findings will help firms develop or modify their compliance support functions for improved effectiveness. The report will also serve as a useful reference for staff training and for communicating compliance program details to senior management.

Pricing:

Before 11-15-04:
The complete “Compliance 2004” report is available for $495. Additional copies are $100 each.

After 11-15-04:
Report, $750; additional copies $200 each.

To order the final report
NICSA Members, click here
All Others click here.
Use the online order form, or call 617-484-0074 Ext. 254