On February 7, 2023, the Securities and Exchange Commission’s Division of Examinations announced its fiscal year 2023 examination priorities. This year, the Division continues its focus.
Reuters reported SEC probes into registered investment advisers and compliance with custody rule for digital assets. Investment advisers respond to SEC inquiry and review processes and disclosures such as Due diligence processes for selecting custodians; Disclosure of counterparty.
On January 26, Reuters reported SEC probes into registered investment advisers and their compliance with the custody rule for digital assets. Investment advisers should be ready to.
<p><span>The Securities and Exchange Commission’s Division of Examinations today announced its 2023 examination priorities. The Division publishes its examination priorities annually to provide insights into its risk-based approach, including the areas it believes present potential risks to investors and the integrity of the U.S. capital markets.</span></p>