SEC Announces 2012 Compliance Program to Focus on Compliance for Senior Management

For next year, the SEC has announced it will be enhancing its CCO Outreach program to include both chief compliance officers and senior personnel of investment advisers and investment companies will.  The program will occur on Jan. 31, 2012, at the SEC’s Washington D.C. headquarters and will also be webcast.  By adding senior personnel, the SEC says the change is aimed at emphasizing the need for compliance awareness at all levels of an organization.  Program topics will include compliance and enterprise risk management, trading, custody, Dodd-Frank reform and enforcement issues.

Registration materials and other information about the national seminar are
available at: http://www.sec.gov/info/complianceoutreach/complianceoutreachns2012.htm.

Author: Dexter Johnson

The author is a an attorney who for the past 14 years has concentrated his practice in representing, successfully, investment advisers, broker-dealers, corporations and individuals who are subject to SEC, FINRA, State or other regulations and who may be the subject of regulatory examination, review or investigation. He formerly worked at the SEC. His regulatory and litigation experience has encompassed virtually every type of securities issue in the industry. He has also negotiated favorable outcomes in many of these matters for his clients.