Annual Certification Benchmarks: How Does Your Company Compare?

Preparing, disseminating, capturing and maintaining annual certifications is standard practice in most financial services firms. Some firms choose to handle certifications at the end of the calendar or fiscal year, while others choose to stagger certification...

Preparing for Your Firm’s Annual Certifications

In most financial services firms, the end of one calendar year and the start of the next may be a stressful period. It’s typically a whirlwind of activity, not the least of which involves the annual certification process. Compliance departments must prepare...

Unpacking the SEC’s Current Guiding Principles

Any time a regulator offers firms some insight into the inner workings of the regulatory machine, compliance officers should pay attention. In a July 12, 2017 speech, newly-appointed SEC Chairman Jay Clayton outlined his vision, introducing eight principles he...

Surviving (and Thriving During and After) Regulatory Examinations

No matter how “clean” you think your firm is, or how well you think your compliance program is equipped to prevent, detect and correct potential issues, it can still be nerve-wracking to get a letter or phone call notifying you that the regulators are coming to...

Does Your Firm Have a Handle on Its Insider Trading Risks?

It’s the cardinal rule for investment professionals: Do not use, share, disseminate or trade on the basis of material, non-public information. Even so, the SEC regularly charges brokers, advisors and other industry insiders with illegal insider trading. Of course,...

Does Your Firm Need a Formal “Conflicts of Interest” Program?

Anyone involved in the compliance function for a financial services firm knows they need to be mindful of, and watchful for, potential conflicts of interest – whether real or perceived. Likewise, for example, CCOs at firms subject to the DOL’s Fiduciary Rule know that...