Covered institutions like SEC-registered investment advisors will be required to create an incident response program as part of their written policies and procedures. This program must be reasonably designed to detect, respond to, and recover from unauthorized access to or use of customer information.
The SEC announced earlier this week that it is proposing to amend rules and forms to require registered investment advisers, certain advisers exempt from registration, registered investment companies and business…
The SEC issued a risk alert yesterday that provided detail on certain compliance issues observed during recent Advisory Fees Initiative examinations, including additional details regarding the observations of the staff…
A recent administrative proceeding involving a dual-registered investment advisor and broker-dealer demonstrates the importance of providing full and fair disclosure regarding any material conflict of interest and achieving best execution on behalf of advisory clients.
Late last month, the SEC announced that staff at OCIE are now closely looking at whether registered investment advisors and broker-dealers are complying with the agency's whistleblower regulations under Rule 21F-17. Here is what you need to know.
With the SEC increasingly focusing on problematic allocation practices such as cherry-picking, registered investment advisors, more than ever, should ensure that they have strong allocation policies and procedures.
Chief Compliance Officers should be constantly questioning how their compliance program can be improved. As a starting point, here are eight questions to consider.