Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

Peter Driscoll: The risk detective

Joe Mont | May 9, 2017

Peter Driscoll was named acting director of the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) in January 2017. OCIE conducts the SEC’s National Examination Program through examinations of SEC-registered investment advisers, investment companies, broker-dealers, municipal advisors, self-regulatory organizations, clearing agencies, and transfer agents.

OCIE, under his guidance, uses a risk-based approach to examinations to fulfill its mission to promote compliance with U.S. securities laws, prevent fraud, monitor risk, and inform SEC policy.

The Investment Adviser/Investment Company examination program is responsible for the examination of over 10,000 investment advisers with more than $48 trillion of assets under management and more than 800 registered investment company complexes to determine their compliance with the federal securities laws, particularly the Investment Advisers Act and the Investment Company Act.

... To get the full story, subscribe now.