Firms are under pressure to meet the U.S. Securities and Exchange Commission’s (SEC) expectations for operational resilience as well as their own internal and client expectations for cybersecurity and privacy. The SEC Division of Examinations' Risk Alert on November 19, 2020 demonstrated that regulators do not believe firms are doing enough for cyber and compliance. Weaknesses and deficiencies relating to the Compliance Rule (Rule 206(4)-7 under the Investment Advisers Act of 1940) were found across maintenance of written policies, due diligence processes, third-party oversight, cybersecurity, client safeguards for privacy, and more.
During this webcast, we'll discuss:
We hope you will join us for an interactive discussion.
Partner, ACA Aponix
Senior Client Development Associate, ACA Aponix