SEC Examinations

The SEC has previously stated that one of the most critical rules under the Investment Advisers Act is 206(4)-2—the custody rule. This opinion hasn’t changed ...

The debate carries on despite FINRA not actively pursuing the issue: Should the SRO take on examinations of investment advisers? The latest champion for the ...

It may be six months before we’ll see a grade that the SEC’s Office of Inspector General gives OCIE. In the OIG’s latest report to ...

It’s nice when you have something to compare an experience with, such as an SEC exam. Three compliance officers who’ve been through multiple exams separately ...

Three strikes and you’re out. A critical SEC exam best practice is to make sure you address and correct deficiencies previously cited by the Commission and ...

One year after his predecessor talked about compliance for private equity fund advisers (IA Watch, May 12, 2015), OCIE’s Acting Director Marc Wyatt added his ...

IA Watch has learned that some Internet-only advisers, including “robo” advisers using computer-based programs, are receiving OCIE exam letters. A separate sweep also appears underway looking ...

You’ll be able to choose from several regional compliance meetings – the old CCOutreach formats – scheduled from June through September this year. OCIE and ...

Last year, we told you that OCIE had contracted with a Tennessee company, Capital Confirmation, to do electronic verification of accounts for custody inquiries during ...

Click here to open a Word file that a peer assembled based on the SEC's document request letter received by the firm in a 2014-2015 ...