Investment Adviser News & Guidance
Those so-called “Panama Papers” illustrate the risks when cyber sleuths steal sensitive data – and the need to try to thwart them.   M Griffith Investment Services ($1.1B in AUM) in New Hartford, N.Y., took its first steps this year toward determining whether their systems are safe. It hired a vendo...
The number of SEC examinations resulting in a referral to the Division of Enforcement has remained fairly constant over the past five years—falling in the 10% to 15% range. That figure was delivered at the April 19 IA/IC Compliance Outreach Program in Washington, D.C. by Enforcement Director Andrew ...
It’s amazing that all these years after the custody rule was toughened by the SEC that no one had raised this issue until now. The Investment Adviser Association asked the Commission to clarify that a sub-adviser won’t need to go through all of the compliance hoops to the rule if its primary adviser...