Compliance Best Practices

A peers the questionnaire it shares annually with its vendors as an example of its due diligence

An Excel worksheet risk matrix to aid your annual review

Advisers were encouraged to gather their business staff with compliance so that everyone “understands all of the revenue sources” coming into a firm

“We cannot overstate a firm’s continued need to assess whether its compliance program has adequate resources to support its compliance function. Resources means a lot ...

The final rule will effectively codify two decades’ worth of exemptive orders permitting registered funds and BDCs to exceed Investment Company Act Section 12 ownership ...

SEC rules also don’t prohibit you from doing one annual review for the entire entity but be sure you conduct separate testing for each RIA, ...

"We notice on exams when firms hire someone for the role to check the box but do not support or empower them.  We notice when ...

Engage in forensic testing to spot if some trade errors aren’t being reported. Be clear how you calculate a trade error and keep that documentation

The risk alert provides examples of notable deficiencies or weaknesses identified by OCIE staff in connection with the compliance rule

We’ve been asked to query CCOs about the type of compliance training software they use. In an online RCW survey launched this month, 52% of ...