SEC Examination- Hello! The SEC Wants Your Records By Tomorrow

RIABiz had an article showing an example of a firm that had one day to produce the documentation the SEC requested. The author, who works for a compliance consulting firm, points out the importance of having your compliance policies and procedures in order should the SEC come calling- and the turnover request time is short. Great article as a “wake up call” to get your firm thinking about compliance, particularly if you have been putting this off. The odds of an audit may still be small, but as the article points out, it can be painful if you are ill-prepared Click here to read entire article.

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