Examinations: Best Practices

A 2009 SEC document request list from an exam of a dually registered investment advisory and broker-dealer.

The SEC has announced that it will hold new IA CCOutreach seminars beginning May 11 and ending in July in 10 cities stretching from Miami ...

When conducting due diligence, you certainly could start by calling a party's references, but don't stop there. The wiser course would be to look over ...

Compliance officers face an obligation each year to review their firm's policies and procedures. While RIAs are under no legal obligation to produce an annual ...

The annual review this year at Sectoral Asset Management in Montreal took longer and was more detailed than usual. One reason: CEO/CCO Jerome Pfund tried ...

A portfolio manager has been barred by the SEC from the industry for one year in a case that illustrates how far awry events can ...

Even though the Bernard L. Madoff Investment Securities firm was primarily a broker-dealer operation, the SEC's embarrassment over the scandal has led to a "backlash" ...

You can download a couple of new SEC document request letters. One is a 17-page document that originated in the SEC's San Francisco regional office. ...

Many of your compliance peers have expressed outrage at the SEC's newest exam tactic - reaching out to advisory clients as a means to confirm ...

Custody may top the list of topics currently drawing examiner interest but it doesn't represent the lone change to exams."We're much less predictable than we ...