Tagged with "ocie"

What to Expect In 2016 Examinations

Posted on February 7th, 2016 at 6:50 PM
What to Expect In 2016 Examinations

In considering the priorities for the upcoming year, The Office of Compliance Inspections and Examination (OCIE) of the SEC seeks to prevent potentially heightened risk for investors and the market in general. 

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OCIE Warns against Outsourcing CCOs to Third Parties

Posted on November 20th, 2015 at 9:23 AM
OCIE Warns against Outsourcing CCOs to Third Parties

A November Risk Alert detailed that, after much examination of investment advisors and companies, OCIE staff recognized several downfalls accompanied with outsourced CCOs, including compliance policies and procedures failures, risk assessment inconsistencies, and the inability to conform compliance manuals to companies’ businesses and practices.

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New OCIE Examination Priorities Aim to Protect Investors Saving for Retirement

Posted on July 31st, 2015 at 11:23 AM
New OCIE Examination Priorities Aim to Protect Investors Saving for Retirement

In early 2015, OCIE announced that it will launch a multi-year Retirement-Targeted Industry Reviews and Examinations (ReTIRE) initiative. This new initiative will have a focus on retail investors and investors saving for retirement.

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LATEST NEWS AND ARTICLES

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.

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WealthFeed leverages proprietary AI technology to collect nine real-time financial data points, including business sales, capital raises, inheritances, and job changes.