2020 OCIE Examination Priorities | Summary for Our Clients
Articles by: Richey May, Jan 22, 2020
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) recently released its 2020 exam priorities. While many priorities continue on themes from previous years, there are a few new focal points that financial service providers should prepare for. Many of these came out of the new rules and interpretations in FY 2019; others reflect the changing investment and advising world. All, of course, are designed to protect both the institution and the investor. The stated priorities are:
- Information security
- Financial Technology FINTECH and innovation
- Specific focus areas involving Registered Independent Advisors and investment companies
- Additional attention to areas involving broker-dealers and municipal advisors
- Anti-Money laundering programs
- Market infrastructure
- Focus on FINRA AND MSRB
Our team has assembled a convenient summary of key priorities our clients should be sure to understand.
For more information regarding the SEC exam priorities or the services Richey May provides to the alternative investment industry, please contact Steve Vlasak.