WASHINGTON (HedgeWorld.com)–The director of the division of investment management for the Securities and Exchange Commission, Paul F. Roye, will address a Managed Funds Association seminar in New York on Jan. 12.

This is the first in a series of sound-practices seminars the MFA has planned in order to educate its members on the new SEC regulations.

“MFA is planning the industry’s most thorough examination of the new [registration] rule and the vital business practices necessary for hedge fund managers to move smoothly and efficiently through the registration process and be fully compliant by Feb. 1, 2006,” said MFA President John G. Gaine in a statement.

Mr. Gaine added that the MFA was delighted to host Mr. Roye, and was pleased to announce “a faculty of preeminent industry practitioners,” within four panels.

The first panel, led by Paul Roth, founder of Schulte Roth & Zabel LLP, New York, will offer “a walk through the rule itself.”

The second, conducted by Robert Van Grover, partner in Seward & Kissel LLP, New York, Arthur Lev, partner and general counsel, FrontPoint Partners LLC, Greenwich, Conn., and Terrance J. O’Malley, partner, Schulte Roth, will address “preparing for the registration process.”

The third, presented by Michael Neus, chief operating officer and general counsel, RHG Capital LP, New York, Joel Press, senior partner, Ernst & Young Global Ltd., New York, global hedge fund practice, and Kenneth Raisler, partner, Sullivan & Cromwell LLP, New York, will discuss “compliance policies and sound practices.”

The fourth, which will include Jeff Morton, partner, Adviser Compliance Associates LLC, Washington, Mark Silber, vice president, Renaissance Technologies Corp., New York, and George Mazin, partner, Dechert LLP, New York, will address the examination process.

But Mr. Roye is the event’s headliner, because he played such a prominent role throughout the SEC’s very public deliberation on the new rule. As recently as Nov. 30, Mr. Roye spoke on the subject to the Securities Industry Association at its New York confab on hedge funds. There he expressed the view that registration would give the SEC “the tools it needs to address … various concerns and monitor the activities of hedge fund advisers to proactively address issues within the hedge fund industry.”

Contact Bob Keane with questions or comments at: bkeane@investmentadvisor.com.