Regulatory Round Up - December 2024

Stay ahead of industry trends and compliance priorities with this month’s updates. Here’s a glimpse of what you’ll find in our latest newsletter:

• 2025 SEC Exam Focus: The SEC has identified certain RIA practices as key targets for examination in the coming year. Firms that are newly registered, haven’t been examined recently, or deal with areas such as illiquid assets, AI, remote supervision, or outsourcing may face heightened scrutiny.
• Fraud Risks on the Rise: Explore new scams targeting advisors, including WhatsApp fraud and impersonation of SEC and FINRA professionals. Learn how to protect your firm and clients with actionable red flags and tips.
• AI: Friend or Foe? As more advisors turn to AI tools, we highlight best practices for implementation, data security, and ensuring compliance with regulatory expectations.

Additionally, we've included our 2024 Year End Checklist and CCO Monthly Checklist to help you stay organized and compliant as you prepare for year-end.

Don’t miss this valuable resource - for the full insights, reach out to us or subscribe to our newsletter! We’re here to help you navigate compliance with confidence.