Richard A. Maloy, Jr, CIC, CRM; CEO of Maloy Risk Services, Inc. has written a white paper discussing the potential liability that managers and directors face today. Some of the key points of the paper include the risk of high cost litigation, Obama’s continued pressure on the financial industry, and regulatory investigations. In this current environment, Mr. Maloy highlights eleven critical areas that hedge fund managers and directors need to know about their liability.
Maloy Risk Services, Inc. is a leading provider of liability insurance and risk management services to hedge funds, venture capital funds, life sciences and technology companies. Since 1872, Maloy Risk Services has specialized in providing risk management and insurance placement services to clients in underserved, fast growing and profitable niche markets. www.Maloyrs.com