Not one for making people feel at ease, the SEC’s Division of Investment Management has indicated that it is not comfortable with investment companies investing in cryptocurrencies and similar products.
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Investment Company Regulation
Who wants more reasons to focus on data security
The SEC recently issued an investor bulletin regarding one of our favorite topics; data security of customer accounts. The primary areas of the SEC’s focus were:
- Have a strong password,
…
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Who wants some advice regarding cyber-threats?
A recent article in Onwallstreet.com highlighted certain areas of focus for investment advisors/broker-dealers when it comes to addressing cyber-threats. The article focused on four areas of particular significance.
First,…
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So What Does The SEC Think About Cybersecurity
At the end of last month, the SEC provided a guidance update on cybersecurity for registered investment companies and registered investment advisors. This guidance is equally instructive for broker-dealers and…
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What Is Big Brother Focused On In 2015
It is that time of year again. The SEC Office of Compliance and Inspection (OCIE) has announced its examination priorities for 2015. Knowing what these priorities are will help firms…
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IM Division Has “Enhanced” Exam Unit
The SEC’s Division of Investment Management is working on two ways to make its Risk and Examinations Office effective. http://www.sec.gov/News/Speech/Detail/Speech/1370540048684#.Uml5uBAWkoo.
According to the SEC’s website, REO was established in October…
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SEC Announces Exam Priorities
Tis the season for the regulators to announce their examination priorities. No less than the SEC’s Office of Compliance Inspections and Examinations released its 2014 Examination Priorities for its National…
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THE SEC DEFEATS INFLATION SORT OF… PENALTIES ADJUSTED
The SEC adopted a rule to adjust the maximum amounts it may recover for civil monetary penalties imposed under the Securities Act of 1933, the Securities Exchange Act of 1934,…
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BDs Remember to File Marketing Material
FINRA has indicated that retail communications that will now be subject to this filing requirement has to be filed