The Securities and Exchange Commission (“SEC”) and state regulators can audit your registered investment adviser (“RIA”) firm at any time, for any reason, announced or unannounced. These examination programs play a critical role in ensuring a culture of compliance with the rules and regulations of the RIA industry.
To help RIAs understand the difference between possible compliance examinations, we created a detailed infographic outlining the three most common types of audits that an RIA firm can undergo.
The types of audits outlined on the infographic are:
- Routine Inspections.
- For Cause Inspections.
- Sweep Examinations.
Contact us if you any questions about our compliance software.