Identity Theft and Wire Fraud Policies and Procedures

November 19, 2013

The compliance date, November 20, 2013, for the SEC’s Regulation S-ID: Identity Theft Red Flags Rule is quickly approaching.  If your investment adviser is required to comply with these new rule requirements, you must have policies and procedures in place to address risks of identity theft by the November 20, 2013, compliance date.  Every investment adviser should take the appropriate steps to protect its clients from identity theft and wire order fraud, even if it is not required to comply with Regulation S-ID.

RIA Compliance Consultants presented a webinar on October 17, 2013, to discuss the SEC’s new rule requirements and best practices all investment advisers should consider to protect their clients and clients’ assets from identity theft and third-part wire fraud.  If you would like more information on the new rule requirements or steps your investment adviser should take, a recorded version of this webinar is now available through our online store.  Additionally, we have prepared template policies and procedures that investment advisers can use to develop their identity theft and wire fraud prevention policies and procedures.  RIA Compliance Consultants has the following options available for investment advisers looking for assistance with understanding the requirements and steps that should be taken and developing the new policies and procedures:

  • Click here for more information or to purchase for only $69.95 access to our “Identity Theft & Third Party Wire & Check Fraud” recorded webinar.
  • Click here for more information or to purchase for only $295 access to our “Identity Theft & Third Party Wire & Check Fraud” recorded webinar and our template policies and procedures for identity theft and wire fraud.
  • Click here for more information or to purchase for only $595 access to our “Identity Theft & Third Party Wire & Check Fraud” recorded webinar and our template policies and procedures for identity theft and wire fraud plus one-hour consulting time with one of our consultants to assist you with customizing your identity theft and wire order policies and procedures. 

If you would like more information about these or any of the services offered by RIA Compliance Consultants, contact your consultant if you are an existing client or click here to schedule a time to speak with one of our Senior Compliance Consultants.

Posted by Bryan Hill
Labels: Identity Theft, SEC, Wire Fraud, Written Policies and Procedures