office of Compliance Inspections and Examinations

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  SEC Exam Chief Di Florio Jumps to FINRA Post

  By Melanie Waddell, AdvisorOne  |  May 2, 2013

  In a surprising move, Carlo di Florio will leave the agency and become an executive vice president of FINRA.

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  White Pledges to Weigh Cost of Fiduciary Rule as Ketchum Revives SRO Fight

  By Melanie Waddell, AdvisorOne  |  April 1, 2013

  Just as incoming Securities and Exchange Commission (SEC) Chairwoman Mary Jo White has pledged to lawmakers that she would carefully weigh the costs of a fiduciary rulemaking, Richard Ketchum, CEO of the Financial Industry Regulatory Authority (FINRA), is renewing his call for a self-regulatory organization to oversee advisors.

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  NASAA’s Advocacy Agenda: Advisor Regulation, Fiduciary Duty, Arbitration

  By Heath Abshure, NASAA President  |  March 19, 2013

  Our agenda calls for Congress to ensure all investors are protected when receiving individualized investment advice. This revolves around two key issues.

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  What I Learned at Our Compliance Conference, Pt. 2: What SEC Examiners Are Pursuing

  By David Tittsworth, IAA  |  March 18, 2013

  What are the SEC's priorities in examining investment advisors? A look at OCIE's priorities, and at what may be the most underreported development in advisor exams.

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  As Dually Registered Advisors’ Assets Grow, SEC Zeros In

  By Melanie Waddell, AdvisorOne  |  March 11, 2013

  Just as the SEC beefs up its oversight of dually registered advisors, new research from Cerulli Associates finds the dually registered channel is one of the fastest growing.

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  SRO Is Key to Boosting Advisor Exams: Former SEC Chief Pitt

  By Melanie Waddell, AdvisorOne  |  March 7, 2013

  The SEC “can’t handle” examining advisors, Harvey Pitt said at the Investment Adviser Association conference.

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  SEC Finds Significant Custody Violations

  By Melanie Waddell, AdvisorOne  |  March 4, 2013

  The SEC issued Monday a risk alert on compliance with its custody rule for investment advisors as well as an investor bulletin about the rule.

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  SEC Lays Out Advisor Exam Priorities for 2013

  By Melanie Waddell, AdvisorOne  |  February 22, 2013

  The regulator's top concerns include new, never-regulated advisor registrants and dually registered advisors.

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  Poll Results: As SEC’s Schapiro Steps Down, Advisors Speak Up

  By James J. Green, AdvisorOne  |  December 13, 2012

  Our AdvisorOne survey found some sentiment for Sallie Krawcheck, but gave regulators overall poor marks for protecting consumers and providing a level playing field.

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  The Case of the Aspirational AUM: SEC Says RIA Inflated AUM Tenfold

  By Melanie Waddell, AdvisorOne  |  November 20, 2012

  A New York-based firm inflated its AUM to qualify for SEC registration—literally moving decimals on a spreadsheet—while a San Francisco-based firm dithered for 18 months in delivering mutual fund records to the SEC.