In late 2018, the SEC’s Office of Compliance Inspections and Examinations (OCIE) released its 2019 examination priorities, which cover not only investment advisers and registered funds, but also broker-dealers and transfer agents. To help you digest and better understand these 2019 exam priorities, our Washington, DC-based Investment Management practice has prepared a legal update (see link below) giving an overview of the exam priorities specific to investments advisers, a brief description of certain key SEC 2018 enforcement actions involving investment advisers as well as certain suggested practice points that advisers may want to consider in response to these priorities and enforcement actions.
Legal Update on OCIE’s 2019 Exam Priorities (authored by Stephanie Monaco, Leslie Cruz, Adam Kanter and Peter McCamman):
If you have any questions about the issues raised in this Legal Update or would like assistance with SEC regulatory or other related matters, please contact any member of our Investment Management practice.