Examinations

Private equity firms exempt from registering with the SEC can rest easy: The SEC has not suddenly decided to examine you. A recent speech by Marc ...

Confusion over the custody rule continues to reign more than five years after the SEC revised the rule. And even OCIE examiners don’t always agree ...

The McElhannon Group's willful refusal to cooperate with NFA during its examination of the firm prevented NFA from completing the examination and determining if the firm ...

IA Watch has obtained a new SEC document request letter received by an SEC-registered advisory firm based in London, England.   The document resembles other ...

This is an OCIE exam document request letter that went to an SEC-registered investment advisory firm based in London, England. The exam began in July ...

Effective immediately, FINRA is ramping up the recommended sanctions imposed on individuals and broker-dealers who commit fraud or make unsuitable recommendations to customers. A periodic ...

Rapid growth via acquisition and aggressive rep recruitment has come at a price for LPL Financial. The nation’s largest independent broker-dealer has been fined $10 ...

You don’t want to mess with FINRA when it comes to rule 8210 (provision of information and testimony and inspection and copying of books ) ...

The national exam staff intends to focus on certain never-before-examined registered investment companies. Such examinations will focus on the following topics: compliance programs; annual contract ...

There is room for improvement for brokerage firms conducting business with senior investors say the SEC and FINRA. The regulators would like to see broker-dealers ...