- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-06-08T19:07:00
The Securities and Exchange Commission (SEC) is expanding its examination focus regarding investment advisers’ compliance with its new marketing rule.
The SEC’s Division of Examinations issued a risk alert Thursday reiterating its initial areas of review for marketing rule compliance while also noting three additional areas of exam focus. The agency in September flagged its initial review focuses, which included policies and procedures, substantiation requirements, performance advertising requirements, and books and records.
The new alert adds testimonials and endorsements, third-party ratings, and Form ADV as aspects of the rule the agency will be scrutinizing.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-09-12T18:13:00Z By Kyle Brasseur
Nine investment advisers agreed to pay a total of $850,000 in penalties across separate settlements with the Securities and Exchange Commission addressing alleged violations of the agency’s amended marketing rule.
2023-09-07T13:26:00Z By Kyle Brasseur
How the Securities and Exchange Commission determines which investment advisers to inspect and what areas those examinations typically cover were among subjects addressed in a new risk alert released by agency staff.
2023-08-22T20:10:00Z By Jeff Dale
The Securities and Exchange Commission ordered Titan Global Capital Management USA to pay more than $1 million for allegedly misleading investors with hypothetical performance metrics in its advertising.
2025-03-10T20:56:00Z By Adrianne Appel
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
2025-01-08T17:13:00Z By Jeff Dale
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
2024-12-30T14:57:00Z By Aaron Nicodemus
A prominent risk management firm has issued its predictions for the top five risks for business in 2025, along with guidance for how organizations should prepare and respond.
Site powered by Webvision Cloud