SEC Examinations

Later this month, the SEC’s Investor Advisory Committee is scheduled to take up draft recommendations designed to ensure that more investment advisers are examined

RCW has obtained recent SEC exam document request letters. Here’s a sampling of what some of the letters sought on advisers and their so-called value ...

Some people deserve special attention. Members of one group worthy of yours are “value added investors”

This 2023 DOE exam letter includes a focus on advertising, and other topics

A peer passes on an adviser's recent DOE exam document request letter

A peer shares a DOE request that focused on cybersecurity

This is an example of a DOE document request letter issued to a newly registered investment advisory firm

The new request shared with RCW asks the adviser if it updated its P&Ps for the new ad rule and, if not, to explain why

A peer shares questions about ESG taken from a recent DOE exam

“Have you kept up with the pace of regulatory change?” asked the SEC official. Your compliance P&Ps should “reflect those regulatory changes”