Recent posts

SEC Announces Compliance Outreach Program Seminars for Investment Advisers and Investment Companies

The SEC announced the schedule for Compliance Outreach Program regional seminars it is sponsoring in six cities later this year. The seminars are jointly sponsored by the SEC’s Office of Compliance Inspections and Examinations, Division of Investment Management, and Division of Enforcement’s Asset Management Unit. The events provide an opportunity for SEC staff to share information about...
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SEC Staff and FINRA Issue Report on National Senior Investor Initiative

The SEC and FINRA issued a report to help broker-dealers assess, craft, or refine their policies and procedures for investors as they prepare for and enter into retirement. The National Senior Investor Initiative report includes observations and practices identified in examinations that focused on how firms conduct business with senior investors.  The examinations by the...
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SEC Releases Cybersecurity Guidance

The SEC Division of Investment Management has identified the cybersecurity of registered investment companies (“funds”) and registered investment advisers (“advisers”) as an important issue. The SEC recommends considering these three main areas to address cybersecurity risk.
  1. Conducting a periodic assessment of threats.
  2. Creating a strategy that is designed to prevent, detect and respond to cybersecurity threats.
  3. Implementing the strategy through written...
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