Examinations: Best Practices

As OCIE demonstrated recently with its cash-solicitation risk alert (IA Watch, Oct. 31, 2018), advisers often fail to show they’ve done due diligence to ensure ...

No one’s surprised to learn that OCIE will check to see if an adviser is charging proper fees. What might astonish is that a lot ...

If you manage a mutual fund, get ready. IA Watch has learned that OCIE has launched an initiative probing advisers of registered funds – and ...

Those 13 lucky advisers that recently settled SEC enforcement actions for failing to file required Form PFs haven’t yet shaken the agency (PF Watch, June ...

OCIE’s interest in performance advertising reaches into its exams of private equity fund advisers, too.   For instance, you don’t want to say that you ...

The question came up recently: Could an adviser tape record SEC examiner interviews with staff?   “I understand why somebody would want to” tape examiner ...

After the offices of his private attorney were raided by authorities, President Trump stated that attorney-client privilege is dead in the U.S.   You’ll find ...

Supplemental Information for Entities Directed to Supply Information to the Commission Other Than Pursuant to Commission Subpoena

The examination staff of the Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission (Commission) has prepared this brochure to provide ...

Mark your calendar for next Wednesday. That’s when SEC commissioners plan to consider proposals finally revealing the agency’s stance on “a standard of conduct for ...