SEC unveils plans for imminent Reg. BI inspections
Examiners are moving ahead with plans to review compliance with the new rules and Form CRS disclosure requirements amid the Covid-19 outbreak
View ArticleSEC examiners reviewing firms’ BCPs, pandemic-related policies
OCIE has been asking adding new doc requests to firms already under examination, a move industry pros say is meant to inform regulators about current practices, not mete out punishment
View ArticleSEC, CFTC probe oil ETF’s disclosures
Bloomberg reported that officials had begun investigating disclosures by USO, which has taken in billions amid recent oil price volatility
View ArticleNY DOL agency launches probe into retirement plan ESG usage
Letter sent to fiduciaries demands information on policies, guidelines and performance
View ArticleSEC examiners probe firms’ Libor readiness, potential conflicts
Agency’s inspectors are checking to see how firms are preparing for the discontinuation of the benchmark rate at the end of 2021
View ArticleSEC examiners flag private fund conflicts with sub-advised mutual funds
OCIE said some hedge and PE fund allocation practices weren't properly disclosed
View ArticleSEC examiners warn of ransomware attacks on funds
OCIE urged funds, and brokers and advisers, to review DHS guidance on cyber attacks
View ArticleSEC group warns of issues in early Form CRS reviews
Some disclosures are missing required information, the SEC's implementation committee has cautioned
View ArticleSEC examiners warn on work-from-home rules amid pandemic
OCIE flagged firms' supervisory obligations, suggesting changes to policies and procedures may be in order
View ArticleSEC examiners warn of spike in cyber attacks on advisers
Attackers have been turning to credential stuffing to try to access client assets and data, OCIE warned
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