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ARTICLE · 24 JANUARY 2020

OCIE's 2020 Examination Priorities: Variations On Recurring Themes

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The US Securities and Exchange Commission's ("SEC") Office of Compliance Inspections and Examinations ("OCIE") released its 2020 examination priorities on January 7, 2020.

United StatesFinance and Banking
Stephanie Monaco
Stephanie Monaco
Leslie Cruz
Leslie Cruz
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The US Securities and Exchange Commission's ("SEC") Office of Compliance Inspections and Examinations ("OCIE") released its 2020 examination priorities on January 7, 2020. A number of the 2020 priorities are continuations from the exam priorities for 2019 (some of which have been enhanced for 2020), and others have been informed by OCIE Risk Alerts or significant regulatory initiatives during 2019, such as the SEC's investment adviser fiduciary duty interpretation (see our 2019 Legal Update on this topic). As was the case in prior years, OCIE's examination priorities cover a broad array of SEC registrants, including investment advisers and registered investment companies, brokerdealers and transfer agents. However, this Legal Update focuses on the examination priorities for investment advisers and registered investment companies.

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