5 Ways to Strengthen Your Firm’s Vendor Management Program
5 Ways to Strengthen Your Firm’s Vendor Management Program WHAT HAPPENED? Vendor management is a critical piece of creating a comprehensive information security strategy for firms. Vendors processing or [...]
Newly Identified Compliance Risks Due to COVID-19: What You Should Know
Newly Identified Compliance Risks Due to COVID-19: What You Should Know WHAT HAPPENED? Last week, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange [...]
Open-End Funds: Proposed Amendments to Reporting and Disclosure Requirements
Open-End Funds: Proposed Amendments to Reporting and Disclosure Requirements WHAT HAPPENED? On Aug. 5, 2020, the United States Securities and Exchange Commission proposed a new set of amendments to [...]
SEC Adopts Rule Amendments, Issues Guidance on Proxy Voting Process
SEC Adopts Rule Amendments, Issues Guidance on Proxy Voting Process WHAT HAPPENED? On July 22, 2020, the United States Securities and Exchange Commission adopted rule amendments and issued additional [...]
Are You Taking Steps To Avoid Ransomware Attacks?
Are You Taking Steps To Avoid Ransomware Attacks? WHAT HAPPENED? Earlier this month, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange Commission (OCIE) [...]
New Security Feature for Web CRD and IARD Systems
New Security Feature for Web CRD and IARD Systems WHAT HAPPENED? For Super Account Administrators (SAAs) and Account Administrators (AAs) on FINRA’s Web CRD or IARD platforms, a new [...]
SEC Proposes Changes to Form 13F
SEC Proposes Changes to Form 13F WHAT HAPPENED? On July 10, 2020, the United States Securities and Exchange Commission proposed amendments to Form 13F reporting. The changes would affect [...]
Nine Things to Notice: SEC Examiners’ Focus Areas
Nine Things to Notice: SEC Examiners’ Focus Areas WHAT HAPPENED? As capital markets shift and the risks to market participants change, so do the focus areas of routine SEC [...]
LIBOR Transition Compliance Risks
LIBOR Transition Compliance Risks WHAT HAPPENED? On June 18, 2020, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange Commission (OCIE) announced an exam [...]
OCIE: Private Fund Risk Alert
OCIE: Private Fund Risk Alert WHAT HAPPENED? On June 23, 2020, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange Commission (OICE), released a [...]
Our Firm Filed Form CRS – What Now?
Our Firm Filed Form CRS - What Now? WHAT HAPPENED? Initial filings of Form ADV Part 3 (Form CRS) are due by June 30, 2020. For months, retail advisers [...]
Look for Fairview at the NSCP National Conference
Look for Fairview at the NSCP National Conference On Oct. 19-21, 2020, the National Society of Compliance Professionals (NSCP) will hold its annual national conference virtually. In addition to sponsoring [...]
Firm Misused MNPI, Ordered to Pay $1 Million
Firm Misused MNPI, Ordered to Pay $1 Million WHAT HAPPENED? On May 26, 2020, the United States Securities and Exchange Commission released documentation detailing an enforcement action against a [...]
Adviser Fined $60,000 for Custody Rule Violation
Adviser Fined $60,000 for Custody Rule Violation WHAT HAPPENED? On May 22, 2020, the United States Securities and Exchange Commission published information on an enforcement action against a registered [...]
Six Ways to Help Protect Your Firm from a Cybersecurity Breach
Six Ways to Help Protect Your Firm from a Cybersecurity Breach WHAT HAPPENED? As the COVID-19 pandemic has changed how most industries are conducting business, one of the biggest [...]
UPDATE: SEC Provides Guidance on Advisory Firms Accepting PPP Loans
UPDATE: SEC Provides Guidance on Advisory Firms Accepting PPP Loans WHAT'S GOING ON? Many investment advisers have applied for or accepted a Paycheck Protection Program (“PPP”) loan for their [...]
