Compliance Best Practices

The SEC has stated that a firm’s compliance P&Ps should cover business continuity plans

The LP committee should be made up of representative investors. The terms you ask them to review should be at an arm’s length and the ...

Steben & Company's process as outlined at Professional Compliance Assistance's compliance conference in Atlanta in 2016

A peer shares an LOA that has been successfully used to confirm the registration of accounts at third parties prior to sending wire transfers. This ...

At least annually ask the subadviser to complete a compliance questionnaire, that captures monthly and quarterly data on performance and asks if the subadviser remains ...

The ruckus stirred by the Robinhood fiasco earlier this year also exposes a risk for compliance officers. Could your access persons evade your personal trading ...

The most embarrassing evidence examiners uncovered was firms that prohibited such trades yet were unaware that “these trades had occurred.” The risk alert encourages best ...

Examiners found deficiencies related to inadequate disclosures and compliance programs that failed to measure up. For instance, some advisers didn’t monitor “the trading activity in ...

A tool you can use

Krista Zipfel, former CEO/president of Advisor Solutions Group in Newport Beach, Calif., shares her firm's advertising checklist.