SEC Publishes Examination Priorities

January 21st, 2015

Last week, the Securities and Exchange Commission (SEC) published its annual Office of Compliance Inspections and Examinations’ (OCIE) Priorities. The list provides important insight into what to expect on the agency’s examination, supervision and enforcement agendas in 2015.

The SEC’s examination priorities focus on three core areas:  (1) protecting retail investors; (2) assessing market-wide risks; and, (3) the use of data to identify illegal activity.  Specifically, the agency will examine the risks posed to retail investors by the offering of advice and alternative products. In assessing market-wide risks, the SEC will look for structural weaknesses among key industries, focusing on large broker-dealers and asset managers.

While the list is not by any means exhaustive, it outlines what regulated entities, especially financial institutions, should focus on this year.  OCIE Director Andrew Bowden stated, “We share our annual examination priorities to promote compliance.”

Read More: