Regulatory Update: SEC Issues Select COVID-19 Compliance Risks for Broker-Dealers and Investment Advisers

Select COVID-19 Compliance Risks and Considerations for Broker-Dealers and Investment Advisers (August 12, 2020)

The Risk Alert is intended to share some of these observations with Firms, investors, and the public generally. OCIE’s observations and recommendations fall broadly into the following
six categories: (1) protection of investors’ assets; (2) supervision of personnel; (3) practices relating to fees, expenses, and financial transactions; (4) investment fraud; (5) business continuity; and (6) the protection of investor and other sensitive information.

Visit the SEC’s Release Here: https://www.sec.gov/files/Risk%20Alert%20-%20COVID-19%20Compliance.pdf