2016 SEC Examination Priorities
Articles by: Richey May, Feb 05, 2016
Earlier this year, the SEC announced its Office of Compliance Inspections and Examinations’ (OCIE) 2016 priorities. Hedge fund and mutual fund managers, private equity firms and broker-dealers should pay particular attention to these priorities when evaluating their own compliance programs in the coming year. Specific areas in which the OCIE intends to focus their examinations include:
- Protecting Retail Investors – Including those investing for retirement.
- Market-Wide Risks – Continued focus on cybersecurity controls at broker-dealers and investment advisers, while new initiatives for 2016 include an evaluation of broker-dealers’ and investment advisers’ liquidity risk management practices and firms’ compliance with the SEC’s Regulation SCI.
- Data Analytics – Assessing anti-money laundering compliance, detecting microcap fraud, reviewing for excessive trading, as well as new, complex and high-risk products.
To read the SEC’s press release in its entirety, please visit the following link:
As the published priorities are not exhaustive and may change as the year progresses, our Alternative Investment industry experts at Richey May will continue to monitor the SEC for updates. Should you have any questions, please contact Stephen Vlasak at firstname.lastname@example.org.