Compliance Solutions for Investment Advisers

Setting SEC Exam Priorities

One of the more interesting aspects of the recent National Exam Program release – Examination Priorities for 2013 – is that the priorities have been set by the SEC staff and not by the SEC itself. ┬áThe exam priorities and focus areas for 2013 were selected by, among others, senior exam staff and management. In other words, the people who are actually involved in conducting SEC exams. This is an excellent indication of what examiners will be looking at when they visit your advisory firm. With a heads up like this, there are no excuses for falling short on compliance in these areas.

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