Blog Archives

IA Sanctioned Based On Risk Areas In OCIE Alert

The Commission’s inspection staff – OCIE – issued an Alert about its national inspection program earlier this week, highlighting risk areas for investment advisers. Any adviser facing an inspection would do well to review the alert (here). That point is

Posted in SECActions Tagged with: , ,

SEC’s OCIE Issues Alert on Key Compliance Issues

A Risk Alert regarding its National Exam Program was issued by the SEC’s Office of Compliance Inspections and Examinations or OCIE. Drawing from its prior exam experience, OCIE identified five key areas of risk for investment advisers. Each point is

Posted in SECActions Tagged with: , ,

A PROACTIVE APPROACH TO ENSURE ADVISORS ADOPT PROCEDURES

The reorganization of the Division of Enforcement which spawned the re-introduction of specialty groups was, in part, designed to focus the resources of the Division and increase efficiency and effectiveness. Three recently filed cases are an example of the results

Posted in SECActions Tagged with: , , ,

PCAOB AND SEC MEET WITH CHINESE REGULATORS REGARDING AUDITS

p>U.S. and Chinese regulators recently met in Beijing to discuss audit oversight cooperation. Those meetings are of particular interest in view of the questions which have been raised in recent months regarding the financial statements of Chinese issuers whose shares

Posted in SECActions Tagged with: , , , ,