"After all, compliance has costs. There are the actual resources needed to implement effective compliance functions"
"I’ve been proud to serve with my colleagues at the SEC who, day in and day out, work to protect American families on the highways ...
"We consider a firm’s efforts to comply with its recordkeeping obligations and to prevent off-channel communications, focusing, for example, on timely adoption of meaningful technological ...
"Private fund sponsors also are trying tokenization. Again, much of this activity is happening outside of the United States because the regulatory environment here is ...
"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 ...