Determining whether or not your investment advisory firm has custody is not an easy task, but it is necessary. While having custody of client assets is not prohibited under Rule 206(4)-2 of the Investment Advisers Act of 1940, as amended … Read More
At the beginning of every year, the Securities and Exchange Commission’s (“SEC’s”) Office of Compliance Inspections and Examinations (“OCIE”) identifies its examination priorities for the coming year. These priorities, which are based on perceived heightened risks to investors and the … Read More
In February 2017, the Securities and Exchange Commission (“SEC”) published a Risk Alert highlighting the top five most common compliance topics identified in deficiency letters issued to SEC registered investment advisers (“RIA”).
In January, the Securities and Exchange Commission’s (“SEC’s”) Office of Compliance Inspections and Examinations (“OCIE”) issued their annual examination priorities update, which is focused on the highest perceived risks to investors and the U.S. capital markets for the coming year.1 … Read More
Preparing for a regulatory exam can be overwhelming. Watch to learn how Core Compliance can help.
On November 18, 2015, SEC Chair Mary Jo White gave testimony to the Committee on Financial Services, outlining the various steps the SEC has been taking and what they plan on doing going forward in regards to the financial markets … Read More
Recently, Andrew Ceresney, Director of the Division of Enforcement for the Securities and Commission Exchange (“SEC”), spoke at the University Of Texas School Of Law’s Government Enforcement Institute in Dallas. Mr. Ceresney reflected on the five-year anniversary of the SEC’s … Read More
March 30, 2015 “In the past few years, the Securities and Exchange Commission (SEC) has taken a tougher stance against recidivist behavior by registered investment advisory firms (RIAs).
In the last Core Compliance blog post, we highlighted our 2015 Compliance Predictions, shortly before the Securities and Exchange Commission (“SEC”) released the National Examination Program’s priorities for 2015. The list, which is relatively short compared to previous years’, … Read More