Core Compliance Blog Spotlight
Core Compliance Blog Spotlight
SEC Shines Light on Agency and Trading Cross Transactions
The most recent Risk Alert distributed by the Securities and Exchange Commission ("SEC") focused on many compliance issues that have been identified relating to principal trading and cross agency transactions. The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) provided the... Read MoreThe SEC has released its 2018 examination priorities, and the focus on, and protection of, aging clients, and considerations related to such clients (as a subset of retail investors generally), is a continuing theme.
Read More“An ounce of prevention is worth a pound of cure,” and nowhere is that more applicable than in the world of finance.
Read MoreThe Core Compliance℠ team recently returned from the IAA National Conference, which took place in Washington, DC, on March 15 & 16.
Read MoreAnnual vs Other Than Annual Form ADV Amendments
March 14, 2018
With the recent updates to the requirements for Form ADV, many firms are wrapping up the preparation for their Form ADV Annual Amendment filing.
Read MoreOn the Form ADV, there are two sections where a firm must declare whether or not they have custody, and if so, how much custody the firm has. Specifically, this is a part of Item 9 of Form ADV Part 1 – the amount of assets and the number of clients for which they’re deemed to have custody.
Read MoreWhile it’s still early in the year, it’s easy to continue to push the Form ADV annual amendment to the side. However, with these new changes, a firm that doesn’t prepare now is setting itself up for potential penalties or worse down the road.
Read MoreHow to Get Started On Your Form ADV Annual Amendments
January 10, 2018
On October 1, 2017, the SEC updated and expanded the information required in the Form ADV, which means that if your fiscal year ended on December 31, 2017, it’s time for you to start thinking about your annual Form ADV amendment, which for many of you, will be your first time dealing with these...
Read More5 Types of Documentation You Should Be Reviewing Annually
December 14, 2017
With 2017 rapidly coming to a close, you’re probably thinking about Christmas and your end of year vacation. You also may be putting the last touches on your company’s annual review. The Securities and Exchange Commission (“SEC”) has required advisory firms to conduct annual reviews since the...
Read MoreAnnual Reviews: Suggestions for Compliance Best Practices
December 06, 2017
Annual reviews are a necessary “evil”, something that needs to be done at least once every year or even more often. Some firms conduct reviews every quarter, rather than just once a year.
Read MoreIt’s tempting, I know, to want to search online for a compliance review checklist you can simply download for the required annual review.
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