The Association for Corporate Growth, in cooperation with law firm Venable LLP and accounting and consulting firm McGladrey LLP, recently sponsored a panel discussion on examinations of middle-market investment advisers featuring six experienced SEC staff members and other professionals. The program provided valuable insights into how the SEC selects advisers for examinations and how it conducts those exams. See also “Seven Recommendations to Assist Private Fund Managers in Navigating Heightened SEC Examination and Enforcement Activity,” Hedge Fund Law Report, Vol. 6, No. 27 (Jul. 11, 2013).