Examinations: Best Practices

The DOE report tips its hat to CCOs, recognizing that “compliance programs, CCOs and other compliance staff play critically important roles at firms” and provides ...

Having P&Ps in place give staff direction, make them feel safer and can mitigate a firm’s risks. However, making a COVID vaccine a condition of ...

“You’ll see it’s all a show,” Monty Python tells us, “Keep ’em laughin’ as you go/ Just remember that the last laugh is on you.” ...

It’s a confirmed best practice to assess how each alert may be relevant to your firm, and to glean best practices or smart actions on ...

Broker-dealer compliance officers have been handed a scoresheet for preparing for SEC exams checking on compliance with Reg BI via a new statement from the ...

Large-volume investment advisers and broker-dealers should take a fresh look at their compliance manuals and policies and procedures to make sure they’re getting right with ...

Lesson: Communicate with the entire team. Some examiners may be left out of the communications chain given they’re all working virtually

You could use this as a template to help track your document production during your next OCIE exam

Keep your documentation of employee compliance training. Examiners asked for it, as well as a list of all principal transactions, cross trades and any loans ...

The list below contains a sample of observed practices that that may assist advisers in designing and implementing policies and procedures under the Compliance Rule