The Five Most Frequent Compliance Topics Identified in SEC Examinations of Investment Advisers

The Office of Compliance Inspections and Examinations (“OCIE”) at the Securities and Exchange Commission (“SEC”) recently published a Risk Alert titled The Five Most Frequent Compliance Topics Identified in OCIE Examinations of Investment Advisors.  The five common deficiencies identified in the Risk Alert are compliance procedure; regulatory filings; the custody rule; code of ethics rules; and books and records. The…

Read More

SEC Examination Priorities for 2017

The Securities and Exchange Commission ("SEC") Office of Compliance Inspections and Examinations (“OCIE”) recently released its annual Examination Priorities. It focuses on practices, products, and services that present potentially heightened risk to investors and/or the integrity of the U.S. capital markets. The priorities are organized around three areas: (1) retail investors; (2) senior investors and retirement investments; and (3) market-wide…

Read More