The SEC Office of Compliance Inspections and Examinations ("OCIE" or the "Staff") recently released its 2015 Exam Priorities. OCIE examines all types of SEC registrants, including investment advisers, broker-dealers, investment companies, municipal advisors and transfer agents. Each January, the release of the OCIE Exam Priorities provides a useful guide and reminder to registrants in connection with their individual compliance program and risk management reviews for the year ahead.
Exam Priorities are always a reflection of current trends and news and, in recent years, also reflect the SEC's expanded capabilities for monitoring market activity through data analytics. They are not exclusive--actual exams may, and will, cover other topics.… Continue Reading