Examinations: Best Practices

Another legacy of the Madoff case is SEC enforcement and exam staff will be more diligent, cover more bases, spend more time with firms, ask ...

A compliance officer at an RIA alerts us that her firm recently underwent a surprise exam - at the hands of an examiner from her ...

Be forewarned that migrating your firm's staff to a computerized trading clearance system will take longer than you expect, but you'll be rewarded with abundant ...

Sources tell us it's highly unusual for the SEC to revise a sweep-exam letter mid-stream but it appears this is exactly what has happened with ...

One compliance officer reports three firms within a one-mile radius underwent exams recently in the same week.File this occurrence as an additional sign that authorities ...

Reports indicate the SEC's new Director of Enforcement Robert Khuzami has shuffled around the division, including setting up units with special expertise. He may be ...

Checks and balances baked into your due diligence efforts can help eliminate the risks of missing something. If a potential business partner passes the first ...

Insurance from the Securities Investor Protection Corporation is really a scam. The SEC can't be trusted to protect investors. And investors who want to avoid ...

One way a firm can attempt to reverse the agony of this economy is by creating a new business line. One RIA has decided to ...

Some of your peers use weekly lunches, monthly reports and even chance meetings in the hall to discuss compliance issues with senior management. However you ...