How to Make Sure Your Newly Registered Adviser is Compliant with the SEC
The Securities and Exchange Commission (“SEC”) issued a Risk Alert on March 27, 2023, Observations from Examinations of Newly Registered Advisers. The Risk Alert focuses
Recent SEC Examination Request Lists – Marketing Section
The Commission has significantly expanded their scope and request of items pertaining to advisers’ marketing content. We have recently gone through a number of exams
Silicon Valley Bank and Investment Advisers
On Friday, March 10, 2023, Silicon Valley Bank (“SVB”) was seized by the Federal Deposit Insurance Corporation (“FDIC”). SVB, a prominent lender in the world
2023 SEC Exam Priorities
In February, the SEC’s Division of Examinations announced its 2023 National Exam Priorities. The following article outlines the SEC3 Team’s take on how compliance officers
SEC Proposes Changes to Safeguarding Rule for Registered Investment Advisers
Yesterday, the SEC proposed rule changes designed to enhance protections of assets managed by Registered Investment Advisers. If adopted, the changes would update the Advisers
2023 SEC Exam Priorities
Last week, the SEC’s Division of Examinations (the Division) announced its 2023 National Exam Priorities. The SEC identified several broad areas of focus highlighting four
Risk Alert: Observations from Broker-Dealer Examinations
On January 30, 2023, the U.S. Securities and Exchange Commission Division of Examinations released a Risk Alert regarding Regulation Best Interest (“Reg BI”). Focused on
SEC Proposes Amendments to Ethics Rules for Commission Employees
On January 30, 2023, the U.S. Securities and Exchange Commission (“SEC”, “Commission”) proposed amendments to its ethics rules that govern the Commission’s employees, their spouses,
You are not out of the Woods!
The SEC recently announced a settlement with Bloomberg Finance L.P. (“Bloomberg”) in regard to civil charges accusing the company of providing misleading disclosures relating to
SEC3 Announces the Addition of New Director of Operations
SEC Compliance Consultants, Inc. (SEC3) is pleased to announce the addition of a new Director of Operations, Ji Kim. As Director of Operations, Ji will
