Compliance Solutions for Investment Advisers

No Firm Too Small to Escape SEC Scrutiny

Mary Jo White, the SEC Chairperson, stated this past week that strong enforcement by the SEC is “absolutely critical” to market integrity and that the SEC would have zero tolerance for misconduct. White said that the SEC would not ignore small violators to the extent resources allow and that the SEC’s testing of firms would continue unabated, as it was very effective in identifying internal problems early and helping firms correct deficiencies before they lead to something worse.

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