A new risk alert issued Wednesday by the Office of Compliance Inspections and Examinations (OCIE) highlights six coronavirus-related areas in which compliance officers at Securities and Exchange Commission (SEC)-registered investment advisers and broker-dealers might want to focus their attention.
The six areas highlighted in the risk alert are in the protection of investors’ assets; supervision of personnel; practices relating to fees, expenses, and financial transactions; investment fraud; business continuity; and the protection of investor and other sensitive information.
