The next compliance date for implementing the requirements under amended Regulation S-P is fast approaching.[1] To help you prepare, this month’s Risk Management Update (“RMU”) provides steps that are required to be implemented – but are being presented with … Read More
As regulatory expectations and operational complexities continue to grow, investment advisers and broker-dealers increasingly turn to technology and specialized service providers to meet their obligations efficiently and effectively. Outsourcing certain functions has become a strategic choice, offering access to deep … Read More
Operational disruptions are no longer hypothetical risks. Cyber incidents, natural disasters, technology outages, and key-person events have become increasingly common, and the Securities and Exchange Commission continues to emphasize operational resilience as a fundamental component of an adviser’s compliance program. … Read More
Another year in compliance is officially in the books — and yes, that’s worth celebrating. While 2025 did not introduce sweeping new rules, it reinforced a familiar reality for advisory firms: ongoing obligations still require ongoing effort. Custody audits, annual … Read More
In November, the SEC released their 2026 Examination Priorities List,[1] which for investment advisers reflect a notable return to foundational principles, with a strong emphasis on fiduciary duty and standards of conduct, accurate disclosures, and the overall strength of a … Read More
The digitization of communication continues with fervor. For the financial industry, this is parallelled by the continued development of associated rules and requirements as regulators work to stay in lockstep with technological advancements. As new platforms and methods of communication … Read More
As 2025 draws to a close, compliance teams have a valuable opportunity to pause, reflect, and confirm the overall health of their programs. Year-end is not just about closing out outstanding tasks — it’s about validating that the firm’s compliance … Read More
Under Rule 206(4)-7 of the Investment Advisers Act of 1940, Investment Advisers (RIAs) registered with the Securities and Exchange Commission (SEC) are required to conduct an annual review of their compliance program[1]. This review is designed to evaluate whether the … Read More
Its common knowledge in the securities industry that an investment adviser registered with the Securities and Exchange Commission (“SEC”) is required to have a compliance program in place, which must be structured and maintained to prevent violations of applicable federal … Read More
For investment advisers, compliance is more than just a regulatory requirement — it’s a critical safeguard for the firm’s integrity, client relationships, and long-term viability. From the moment a firm registers with the U.S. Securities and Exchange Commission (SEC), it … Read More