NEWS & GUIDANCE
While FINRA’s long been interested in supervision of branch offices (IA Watch, Dec. 12, 2011), there are signs OCIE’s taking a deeper interest in this among IAs.   “We find that they’ve never been visited by a compliance officer,” said Mark Dowdell, assistant regional director in the SEC’s Philadelp...
Indexed by:
It’s right there in black and white in current SEC exam document request letters. Before arriving on-site at an advisory firm, Commission examiners are seeking “documentation maintained regarding any reviews conducted of [the firm’s name] policies and procedures, including any annual reviews and/or ...
Indexed by:
Where we last left the saga of Sands Brothers Asset Management ($64M in AUM) in New York, the CCO had changed his mind about settling a custody enforcement case (IA Watch, Jan. 2, 2015). The latest turn centers on the firm’s attorney, who had also been representing former CCO Christopher Kelly and p...
Indexed by: