The SEC's Office of Compliance Inspections and Examinations' exam priorities include issues arising from the continuing convergence of the broker-dealer and investment adviser professions.
Other OCIE priorities include registrants' use of technology; applying its "presence exams" to investment advisers who have never been examined; and reviewing the JOBS Act. Presence exams are risk-based reviews of private fund investment advisers that recently registered with the SEC.
OCIE has been very busy.
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