On April 16, 2019, the United States Securities and Exchange Commission’s (SEC) Office of Compliance Inspections and Examinations (OCIE) issued a risk alert about “Compliance Issues Related to Regulation S-P – Privacy Notices and Safeguard Policies” to encourage investment adviser firms to review their written policies and procedures to, “ensure compliance with the relevant regulatory requirements.”
Category Archives: Sample Forms
SEC Risk Alert – Electronic Messaging
December 19, 2018
December 17, 2018 the Office of Compliance Inspections and Examinations (“OCIE”) of the U.S. Securities and Exchange Commission (“SEC”) released a new National Exam Program Risk Alert Relating to Electronic Messaging. The purpose of the risk alert is to remind SEC registered investment advisers of their obligations when their supervised persons use electronic messaging and to help SEC registered investment advisers improve their systems, policies, and procedures by sharing the SEC staff’s observations from its investment adviser examinations.
California Securities Regulation Division Is Currently Conducting Online Examinations of State Registered Investment Advisers
October 25, 2018
RIA Compliance Consultants was recently made aware that the California Department of Business Oversight – Securities Regulation Division is conducting “Online Written Examinations” of investment adviser firms registered with the State of California regardless of whether or not the investment adviser firm has offices located in California.
Spreadsheet for Investment Adviser to Document that Authority to Initiate First-Party Transfer Between Different Custodians Doesn’t Constitute Custody
October 22, 2018
Does your federally registered investment adviser firm have authority to initiate first-party transfers between the client’s accounts at different qualified custodians?
RIA Compliance Consultants has released a new sample form, “Bank Referral Arrangement Disclosure Statement to Client.”
Retirement Plan Rollover – Client Acknowledgement Sample Form Now Available with Bronze Package
November 27, 2017
We are pleased to announce that our sample form “Retirement Plan Rollover – Client Acknowledgement” is now available to clients in our Bronze Package – Annual Compliance Program Subscription.
On August 7, 2017, the Office of Compliance Inspections and Examinations (“OCIE”) of U.S. Securities and Exchange Commission (“SEC”) released a Risk Alert which details its examination of the cybersecurity preparedness of 75 broker-dealers, investment advisers and investment companies in the U.S. In comparison to prior cybersecurity examinations, this exam involved more active testing and validation of the firms’ procedures and controls related to cybersecurity. Click here to read the Risk Alert.
Documenting Client Meetings
July 17, 2017
Is your investment adviser firm consistently covering certain key issues during client meetings and then carefully documenting these discussions and follow-up items?
