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ARTICLE · 17 JANUARY 2020

In Outlining Its 2020 Examination Priorities, SEC Expresses Interest In Alternative Data And Cybersecurity Risks

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On January 7, 2019, the Securities and Exchange Commission's Office of Compliance Inspections and Examinations (OCIE) announced its 2020 examination priorities.

United StatesTechnology
Jeffrey Neuburger
Jeffrey Neuburger
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On January 7, 2019, the Securities and Exchange Commission's Office of Compliance Inspections and Examinations (OCIE) announced its 2020 examination priorities. In doing so, OCIE identified certain areas of technology-related concern, and in particular, on the issue of alternative data and cybersecurity. [For a more detailed review of OCIE's exam priorities, see the Client Alert posted on our firm's website].

  • Alternative Data: For the first time, OCIE has publicly listed alternative data as an examination priority, stating that "examinations will focus on firms' use of these data sets and technologies to interact with and provide services to investors, firms, and other service providers and assess the effectiveness of related compliance and control functions."

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