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Division of Examinations: 2023 Examination Priorities

On February 7, 2023, the Division of Examinations of the United States Securities & Exchange Commission (“EXAMS”) published the 2023 Examination Priorities.  Like previous years, the 2023 Examination Priorities provides certain data regarding the scope of the examination program and the growth

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Division of Examinations: 2022 Examination Priorities

On March 30, 2022 the Division of Examinations of the United States Securities & Exchange Commission published the 2022 Examination Priorities. As in other years, the 2022 Examination Priorities document provides certain data regarding the scope of the examination program and the

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Observations from Examinations of Investment Advisers Managing Private Funds

Observations from Examinations of Private Fund Advisers

On Jan. 27, 2022 the SEC Division of Examinations issued a Risk Alert providing observations of examination staff relating to advisers to private funds. The Risk Alert provides additional observations in follow up to the Division of Examinations June 23, 2020 Private

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Observations from Examinations of Advisers who Provide Electronic Investment Advice

Observations from Examinations of Advisers who Provide Electronic Investment Advice

On Nov. 9, 2021, the SEC Division of Examinations issued a Risk Alert regarding investment advisers providing automated digital investment advisory services to clients (robo-advisory services and robo-advisers). These robo-advisers either exclusively provide online services or supplement their traditional investment advisory services

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