The Compliance Digest

Get expert compliance tips and up-to-date regulatory news.

NASAA Adopts CE Rule for Investment Advisers

On November 24, 2020, the North American Securities Administrators Association (NASAA) announced that its membership has voted to adopt a model rule to set parameters by which NASAA members could implement continuing education programs for investment adviser representatives in their jurisdictions. Read More

Top Six Fee/Expense Compliance Issues for RIAs

The SEC’s exam division recently released a Risk Alert detailing the top six compliance failures relating to fees and expenses charged by investment advisors, as identified through client deficiency letters. Read More

SEC Prioritizing Investment Adviser Compliance

As the number of registered investment advisers continues to increase, the SEC is set on stepping up its scrutiny of this fast growing class of investment professionals. Read More

The SEC’s Top Five Advisor Compliance Failures

On February 7, 2017, the Office of Compliance Inspections and Examinations (“OCIE”) issued a Risk Alert discussing the five most frequent compliance topics identified in OCIE examinations of investment advisors. The Alert was compiled based on deficiency letters from over 1,000 investment advisor examinations completed during the past two years. Read More