SEC Examinations

While the exam did ask about due diligence of third-party vendors, Patel contends the exam team went too far in inquiring whether the adviser tracks ...

'There are still a few levers to pull' aside from a hedge clause

Greek myth meets regulatory reality in the case of an RIA that, like Icarus, aimed too high and fell back to Earth

Like cars whipping around a racetrack, some compliance issues have a knack of coming around again and again

'The clock is ticking'

“The Division is providing this information so that advisers may prepare themselves for an examination,” reads DOE’s 7th risk alert of 2023

RCW has obtained evidence of the division’s latest sweep and it targets advisers that engage in hypothetical performance marketing

Titan violated the Marketing Rule by advertising hypothetical performance without having adopted and implemented policies and procedures reasonably designed to ensure that the hypothetical performance ...

Our periodic recounting of what examiners in the SEC’s Division of Examinations are pursuing in adviser exams samples several new exam request letters obtained by ...

Multiple sources have told RCW that the SEC has launched its long-anticipated Division of Examinations sweep tied to the IA advertising rule, and we’ve gotten ...