SEC Examinations

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”

The SEC’s Division of Examinations third risk alert of the year reminds advisers to include their branch offices in their compliance P&Ps, especially those designed ...

Firms should consider their entire organization, including branch offices, when implementing written policies and procedures for the safeguarding of customer records and information to ensure ...

These are the second set of FAQs the SEC staff has released related to IA's fiduciary duty and B-D's Reg BI obligations

Still no sign that a widely anticipated SEC sweep looking at compliance with the new advertising rule has commenced. Yet examiners are asking lots of ...