SEC Examinations

The SEC currently examines about 15% of the Commission-registered investment adviser universe each year. Preparing for the possibility of your firm being selected for an exam is mission critical. This collection will help in that effort.

You can find our continuously updated news on exams, including priorities, focus areas, peer-proven prep practices, and selection criteria. You can also access document request letters, risk alerts, sweep correspondence and more.

LATEST SEC EXAMINATIONS COVERAGE

Gifts & Entertainment: While not a hot exam topic, you still must heed compliance

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Carl Ayers -

1 day ago

Set minimum and maximum G&E amounts in your software system. Anything over a threshold must be approved by compliance

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SEC Acting Exams Director takes up Reg S-P changes, exams’ approach

Carl Ayers -

May 15 2025

"We want to take this opportunity to clearly articulate our approach to achieving our shared goal of improved information security through the implementation of the updated Regulation S-P"

Close up of two business partners fistbumping in unity at meeting table, copy space

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Both sides claim victory in IA case

Carl Ayers -

May 2 2025

If you sell insurance annuities, you may wish to ensure that you disclose the exact amount that you receive in compensation

Securities and Exchange Commission, SEC, Building in Washington DC. The SEC regulates stocks and bonds and related financial activities.

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The shakeup at the SEC continues

Carl Ayers -

April 11 2025

Sources tell RCW that Elon Musk’s DOGE teams are poking around the Commission and that all staffers have been instructed to cooperate with them and permit their access to the agency’s systems