- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2023-03-30T13:45:00
Investment advisers newly registering with the Securities and Exchange Commission (SEC) have been observed not devoting sufficient resources to their chief compliance officers, sometimes ladling additional responsibilities on the role that take away from time to focus on compliance, according to the agency.
The SEC shared its findings in a risk alert published Monday detailing common compliance deficiencies uncovered among newly registered advisers during examinations. The agency prioritizes examining such advisers shortly after their registration becomes effective to ensure compliance policies and procedures and disclosures to clients are up to snuff.
During recent inspections, the SEC has identified compliance issues in the following areas among advisers:
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