Compliance Solutions for Investment Advisers

Category Archives: Business Continuity

SEC Exam Review Prompts Risk Alert on Adviser Business Continuity Plans

Prompted by wide-ranging damage and the disruptions to the capital markets caused by Hurricane Sandy, the SEC’s National Examination Program (“NEP”) reviewed the business continuity plans and disaster recovery plans (together, “BCPs”) of approximately 40 investment advisers in areas affected by the storm and issued an advisory with its findings.  The NEP made general observations, described noteworthy

Compliance Alert! Disaster Recovery

Dear Compliance Professional, I hope this finds all of you and your families up and down the East Coast safe and sound. Earthquakes and hurricanes – two phenomena not usually associated with this neck of the woods (or Colorado, for that matter). As I sit here typing in semi-darkness – courtesy of Hurricane Irene –