In an annual report, the SEC Division of Examinations identified current risks for investors and registrants and highlighted key areas for examination in 2024.
News & Insights
SEC Director Peter Driscoll described the regulatory and operational challenges of delivering financial services during the pandemic, the issuance of alerts on pandemic and emergent risks (including on cybersecurity), and the roll out of Regulation Best Interest.
The SEC Office of Compliance Inspections and Examinations ("OCIE") highlighted exam priorities for 2019. The priorities focus on areas that represent increased risks to retail investors and the integrity of the U.S. capital markets. The OCIE will focus on five key areas: (i) issues of significance to retail investors (including seniors), (ii) compliance and risk as to registrants responsible for market infrastructure, (iii) digital assets, (iv) cybersecurity, and (v) anti-money laundering ("AML"). Retail Investors. Examinations will concentrate on: (i) disclosures of costs of investing, (ii)
FINRA released podcasts that highlight operational risks and market integrity issues outlined in FINRA's 2017 Regulatory and Examination Priorities Letter.
In a 2017 Regulatory and Examination Priorities Letter, FINRA identified compliance, supervision and risk management as primary areas for review.