"We cannot be everywhere all at once. Strong investor protection requires empowered compliance professionals and strong cultures of compliance within firms"
"The SEC’s Enforcement Division remains focused on private fund issues, including lack of compliance with the custody rule and its requirement of prompt delivery of ...
"The nonbank sector provides important alternatives and competition to the banking sector. This competition benefits investors, savers, borrowers, and issuers, as well as banks themselves"
"The Commission needs to start treating companies subject to cyberattacks as victims of a crime, rather than perpetrators of one"
"We’ve also seen brokerages and investment advisers use sophisticated analytic tools to interact with investors .... Broker-dealers and investment advisers, regardless of whether they are ...
"One approach is using a sliding scale that would allow any individual to invest at least a modest amount in private investments over the course ...
"Private credit’s rapid growth is partly due to the imposition of stricter capital and lending standards on traditional banks in the wake of the financial ...
"In FY 2023, Division staff conducted more than 3,100 examinations across our tens of thousands of registrants"
"The use of off-channel communications—text messages, smartphone chat applications like WhatsApp, and personal email outside firm-approved systems—is prevalent across the securities industry. We have an ...
"Unnecessary redaction of final award determinations in the name of whistleblower confidentiality limits public information about the awards, and that, in turn, insulates the awards ...