SEC Issues Two Risk Alerts on Inspections for Compliance With Regulation Best Interest and Form CRS

The SEC’s Office of Compliance Inspections and Examinations (OCIE) has issued two risk alerts, Examinations That Focus on Compliance With Regulation Best Interest and Examinations That Focus on Compliance With Form CRS. The risk alerts provide “broker-dealers and investment advisers with advance information about the expected scope and content of the initial examinations for compliance with Regulation Best Interest and Form CRS.”

For more information, see the press release on the SEC’s Web site.