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Officially, the SEC is suing a South Florida digital investment adviser for failure to maintain and hand over its books and records—including those behind a ...
SEC regulators will examine for “good faith” efforts to comply with the Commission’s new Reg BI rule, OCIE says in a new risk alert. Chairman ...
Examples of the areas the staff may focus on during examinations are discussed below
The OCIE request raises the specter of a long stretch of working from home
OCIE has moved to conducting examinations off-site through correspondence, unless it is absolutely necessary to be on-site
The three allegedly altered and withheld documents after OCIE examiners commenced an exam in 2016
Has your CCO changed in the last year?
The "nebulous nature of such principles allows great latitude to investment advisers”
Be aware that examiners may question your logic for placing clients in certain share classes
The new examiners’ focus: Cybersecurity and standards of conduct for investment advisers and broker-dealers
OCIE examiners “expected us to have records of all of these reviews” for first party SLOAs
OCIE hopes "these observations" will spur you "to reflect on their own cybersecurity practices”
"Cyber threat actors are becoming more aggressive and sophisticated"
“Take your time in producing your data” to examiners, recommends a CCO
The new report provides “hallmarks” of effective compliance programs detected by the agency over the years
Karen Huey of Professional Compliance Assistance in Woodstock, Ga., gives us permission to share with you her 18-point guide to an on-site exam by OCIE.
“OCIE exceeded its goal and conducted over 3,075 examinations"
Get the jump on your next exam
Eyes are peering upon a draft that could eventually become the SEC’s proposed new IA advertising rule. In yet another sign that a long-awaited proposal ...
It’s expected that the promised revision to the Advisers Act’s nearly 60-year-old advertising rule will address social media. That insight came out of a recent ...

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