Examinations: Best Practices

The CCO had been through many regulatory exams over the years but nothing like this one. "They picked apart my fund business," says the CCO ...

Here's a strategy sure to pay dividends prior to your next SEC exam: obtain a copy of your region's latest SEC document request letter and ...

Compliance officers have never felt busier but they need to do a better job of mixing with the business teams and uncovering conflicts. "Unfortunately we're ...

Five new specialized units being created by the SEC's Enforcement Division (IA Watch, Aug. 10, 2009) will be assisted by more sweep exams by the ...

Another legacy of the Madoff case is SEC enforcement and exam staff will be more diligent, cover more bases, spend more time with firms, ask ...

A compliance officer at an RIA alerts us that her firm recently underwent a surprise exam - at the hands of an examiner from her ...

Be forewarned that migrating your firm's staff to a computerized trading clearance system will take longer than you expect, but you'll be rewarded with abundant ...

Sources tell us it's highly unusual for the SEC to revise a sweep-exam letter mid-stream but it appears this is exactly what has happened with ...

One compliance officer reports three firms within a one-mile radius underwent exams recently in the same week.File this occurrence as an additional sign that authorities ...

Reports indicate the SEC's new Director of Enforcement Robert Khuzami has shuffled around the division, including setting up units with special expertise. He may be ...