Need help navigating the SEC’s 2022 exam priorities? Get our insights here.
SEC Examination Priorities for 2022
Apr 12, 2022 3:43:57 PM / by Joot posted in SEC, SEC Examinations
10 Tips for Navigating the U.S. Regulatory Landscape
Feb 1, 2022 4:46:48 PM / by Dina Tantra posted in SEC Examinations, Compliance Technology, Policies, Compliance Testing, Regulations, Managing Risk
Need help navigating the U.S. regulatory landscape? You’re not alone. Get our advice here.
Reality Check: Observations from Exams in the RIC Initiatives
Nov 9, 2021 1:56:26 PM / by Charles Black posted in SEC, SEC Examinations, Compliance, Disclosure, Policies, Compliance Testing, RIA, Managing Risk
Assess your policies and procedures and improve your RIA and fund compliance programs based on recent SEC observations from exams in the RIC initiatives.
SEC Examination Priorities for 2021
Mar 5, 2021 3:24:04 PM / by Joot posted in SEC, SEC Examinations
On March 3rd, the SEC released its examination priorities for 2021. Here’s what they called out:
How to Prepare for an SEC or FINRA Regulatory Examination
May 21, 2020 4:15:00 PM / by John Williams posted in SEC, SEC Examinations
The words “SEC/FINRA exam” can trigger the jitters in most CCOs across the industry. They’re out to get me! Will they shut down my firm? Will I still have a job when they finish? Perhaps these thoughts and many others have crossed your mind when you got the dreaded phone call from your local SEC/FINRA office notifying you that you’ve been “selected” to go through an examination by their Staff.
Real World Insight From Current SEC and FINRA Exams
Apr 23, 2020 1:15:00 PM / by Charles Black posted in SEC Examinations
A big part of what we do here at Joot is help our clients with their regulatory examinations. At any given time, we normally have at least a few clients that are undergoing a regulatory exam from either the Securities and Exchange Commission (the “SEC”) or the Financial Industry Regulatory Authority (“FINRA”). This gives us a certain perspective on the current areas these regulators are focusing on during their exams and what appear to be the latest “hot button” topics.
SEC Exam Priorities 2020
Jan 17, 2020 11:15:00 AM / by Charles Black posted in SEC, SEC Examinations, SEC Updates
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) announced its 2020 examination priorities on January 7, 2020. OCIE releases this list on an annual basis in order to provide the industry with insights into areas it may focus on thorough the examination process. All the priorities listed on the 2020 list were also on the 2019 list, with some new additions. Which makes us wonder if anything will ever be taken off the list, or if there will just be new additions? Only time will tell.
Joot Interview Series - Episode 8
Dec 17, 2019 11:15:00 AM / by Bo J. Howell posted in SEC Examinations, Interview, Compliance Testing, Charles Black
In this final part of our third Interview (Part 1, Part 2). Bo Howell continues his discussion with Charles Black about the DO's and DON'Ts of SEC Exams. Charles brings over 17 years of experience in the financial services industry to provide great tips and insight on what to do when the SEC calls.
Joot Interview Series - Episode 7
Dec 10, 2019 11:30:00 AM / by Bo J. Howell posted in SEC Examinations, Interview, Charles Black
This is Part 2 of our third Interview (Part 1). Bo Howell continues his discussion with the newest member of Joot, Charles Black about SEC Exams. Charles brings over 17 years of experience in the financial services industry to provide great tips and insight on what to do when the SEC calls.
Joot Interview Series - Episode 6
Dec 3, 2019 2:00:20 PM / by Bo J. Howell posted in SEC Examinations, Interview, Charles Black
In our third Interview, Bo Howell speaks with the newest member of Joot, Charles Black, to discuss SEC Exams. Charles brings over 17 years of experience in the financial services industry to provide great tips and insight on what to do when the SEC calls.
Q&A: Client Relationship Summary (Form CRS)
Sep 5, 2019 11:45:00 AM / by Bo J. Howell posted in SEC Examinations, SEC Rule
Last week, Joot published an article on Regulation Best Interest and Form CRS (Customer or Client Relationship Summary). We heard from many of our readers about the article and we’re glad it was helpful. Some of you had great questions about the application of Form CRS and the definition of a “retail investor”. Below are our responses to your questions. Keep ‘em coming!
Starting a Compliance Program
Apr 1, 2018 10:14:33 PM / by Bo J. Howell posted in Investment Advisers, SEC Examinations, 1940 Act, Advisers Act, Compliance
In January 2018, The SEC’s Fort Worth regional office held a teleconference that summarized the SEC’s 2017 exam findings and its focus areas for 2018. The staff noted that some of the common weaknesses in compliance programs for investment advisers include: