Stay to up to date on trends and breaking news impacting financial services and compliance, performance, risk and cybersecurity.
SEC Exams Now Focusing on Firms’ Pandemic Plans
SEC Exams to Focus on Firms’ Pandemic Plans WHAT HAPPENED? Despite the sweeping effects of COVID-19, the SEC is continuing enforcement efforts and is still initiating examinations. In response [...]
COVID-19 UPDATE: A Breakdown of the SEC’s Regulatory Relief Provisions for Filings and Documentation
A Breakdown of the SEC’s Regulatory Relief Provisions for Filings and Documentation ***UPDATE*** On March 23 and 25, 2020, the SEC released further extended dates for the items listed [...]
COVID-19 UPDATE: How the SEC Continues Its Response Efforts
COVID-19 UPDATE: How the SEC Continues Its Response Efforts WHAT HAPPENED? As efforts to contain the COVID-19 virus expand worldwide, the SEC is remaining focused on maintaining a fair [...]
COVID-19: What Financial Regulatory Bodies Are Saying
COVID-19: What Financial Regulatory Bodies Are Saying WHAT HAPPENED? On March 11, 2020, the World Health Organization (WHO) declared COVID-19 is now classified as a pandemic. Between WHO, the [...]
How to Plan for a Pandemic
How to Plan for a Pandemic WHAT HAPPENED? Health officials worldwide are monitoring a respiratory illness outbreak caused by a new coronavirus named COVID-19. Fairview has a plan for [...]
GIPS® Standards Provisions Specifically Tailored to Asset Owners
GIPS® Standards Provisions Specifically Tailored to Asset Owners Asset owners have always been able to claim compliance with the Global Investment Performance Standards (GIPS®) if they have discretion over their assets. [...]
Exam Takeaways: Five Facts About Recent Examination Practices
Exam Takeaways: Five Facts About Recent Examination Practices WHAT HAPPENED? When the Securities and Exchange Commission initiates an examination of your firm, it is important to be prepared for [...]
Form CRS: The Latest Tips for Preparing – UPDATE!
Form CRS: The Latest Tips for Preparing – UPDATE! WHAT HAPPENED? On Feb. 11, 2020, the Securities and Exchange Commission released a set of new Frequently Asked Questions about [...]
Exam Takeaways: SEC and DOL Joint Exams
Exam Takeaways: SEC and DOL Joint Exams WHAT HAPPENED? Regulatory requirements and expectations for firms are constantly evolving; with that, examination practices are changing as well. An emerging approach [...]
SEC Requirement: Annual Amendment for Form ADV 2020
SEC Requirement: Annual Amendment for Form ADV WHAT HAPPENED? The SEC requires that investment advisers file a Form ADV Annual Amendment within 90 days of the end of the [...]
What Does OCIE Look for When Examining Cybersecurity Practices?
What Does OCIE Look for When Examining Cybersecurity Practices? WHAT HAPPENED? In recent years, the Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission made [...]
What is a GIPS® Standards Verification for an Asset Owner?
What is a GIPS® Standards Verification for an Asset Owner? Verification is a process by which an independent verifier conducts testing of an asset owner on an asset owner-wide basis in [...]
SEC Comments on Emerging ESG Compliance Concerns
SEC Comments on Emerging ESG Compliance Concerns WHAT HAPPENED? In recent months, the Securities and Exchange Commission has increased its focus on socially responsible “environmental, social, and governance” funds, [...]
SEC Provides FAQs for Regulation Best Interest
SEC Provides FAQs for Regulation Best Interest WHAT HAPPENED? In preparation for the adoption of Regulation Best Interest (Reg BI), the Securities and Exchange Commission recently released a set [...]
OCIE Releases 2020 Examination Priorities
OCIE Releases 2020 Examination Priorities WHAT HAPPENED? On Jan. 7, 2020, the Office of Compliance Inspections and Examinations of the Securities and Exchange Commission (OCIE) released its 2020 Examination [...]
Proposed Changes to Accredited Investor Definition
Proposed Changes to Accredited Investor Definition WHAT HAPPENED? Recently, the Securities and Exchange Commission proposed changes to the definition of an “accredited investor.” Until this point, the accredited investor [...]