On October 7, 2013, the North American Securities Administrators Association (NASAA) released a report summarizing the results of state investment adviser examinations performed by 44 state and provincial securities examiners over the last two years. The report noted the differences … Read More
At the beginning of July 2013, the Securities and Exchange Commission (SEC) announced the creation of three initiatives aimed at increasing the reach of the Commission’s Division of Enforcement and bringing greater strength to its investigative work. The first is … Read More
The Securities and Exchange Commission (SEC)’s Division of Investment Management released detailed guidance this month responding to compliance oversight findings issued in a report by the SEC’s Office of the Inspector General (OIG). The original OIG report, released on June … Read More
The recent SEC release of exam priorities serves as a helpful reminder that broker-dealer (BD) and investment advisory (IA) firms should ensure they are prepared when the SEC comes knocking. Below are some steps that you may want to consider in … Read More
On January 11, 2013, the Financial Industry Regulatory Authority (FINRA) released its exam priorities list that it will focus on during its routine examinations this year. As investors continue to seek attractive returns, FINRA highlighted its intent to focus on … Read More
Each year, the SEC’s Division of Examinations — formerly the Office of Compliance Inspections and Examinations, or OCIE — publishes its examination priorities, signaling the areas it will focus on and encouraging firms to direct their compliance efforts toward areas … Read More