The SEC will zero in on expenditure advisors’ compliance with the internet marketing rule, their payment arrangements and their suggestions of illiquid or challenging-to-value property in its exams in 2024.
The Securities and Exchange Commission also will location “particular assessment focus” on how advisors safeguard clients’ personal info and the precision and completeness of their regulatory filings, this sort of as Kind CRS, in accordance to the 2024 evaluation priorities the agency produced Monday.
The marketing rule, which went into drive previous November, overhauls how advisors can advertise their practices, enabling them for the first time to use consumer testimonials