Each year, the SEC’s Division of Examinations (referred to in this article as “EXAMS”) publishes a helpful guide that serves as a road map for where it expects to focus. The 2021 Examination Priorities was released on March 3, 2021, a bit later than usual (typically we see the Priorities released in January or February).
The checklist below highlights key items in the 2021 Examination Priorities. Your firm can use this resource to address some of the major risks, trends and 2021 exam priorities that apply to RIAs. Not all exam priorities are addressed in this article, so you would benefit from reading the report first. The checklist below will help you identify areas that are already strong at your firm, as well as those that present opportunities.
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