RegVerse Newsletter (January 2024)

Kickstart the year with crucial updates from the SEC on cybersecurity disclosure rules, insights on annual Form ADV updates, the latest in RIA compliance (plus a helpful checklist for starting a new RIA), info on the proposed AI Rule, and other top industry news.

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Annual ADV Update

If your calendar year end was 12/31, it is time to file your annual Form ADV update with the SEC. Here are a few tips to ease this burden and ensure the accuracy of this annual filing:

1. Capture last year's ADV submission.
2. Have you had any material changes in your Firm?
3. Accurately calculate the number of accounts as of 12/31
4. Any fee policy changes or updates?
5. Review the SEC's ADV and IARD FAQ document
6. Don't wait until the deadline or you will file late!
   

If you have any questions about ADV submissions, our compliance consultations at RegVerse are happy to work with you to take the frustration out of the process!

Give us a call today to see how our Compliance Team can help you.

Join us at this year's T3 Conference!

We're excited to be sponsors at T3 Technology Tools for Today! Join us as we showcase Avery, our AI-powered, human-guided regulatory compliance platform, designed to elevate your compliance excellence.

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Click below to read the top news articles of the month:

How 4 Little Words Will Impact Your RIA in 2024

Did you know the SEC has changed annual compliance program requirements for 2024? By adding these 4 words to the Compliance Rule...

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Your New RIA Checklist

Are you thinking of starting an RIA in 2024? When starting a new RIA, organizing all 26 steps can be overwhelming & time-consuming. RegVerse can help you organize your planning steps by starting with this list...

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Your Business Continuity Plan

With natural disasters, cybersecurity risks, and infrastructure failures growing more frequent and intense, what can an RIA do to ensure business continuity for their organization and for their clients? What is a business continuity plan? Under SEC Rule 206(4)-7...

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SEC's Proposed AI Rule

The SEC has proposed new rules under 17 CFR Parts 240 and 275 that would require broker-dealers and investment advisers to take certain steps to address conflicts of interest associated with their use of predictive data analytics (PDA) and...

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The Essential Compliance Checklist for New RIAs

Do you know where to begin to develop your comprehensive checklist of the essential information you need to familiarize yourself with to ensure full compliance of your new RIA firm? Regardless of where you are in the process, the following are key factors that warrant careful examination.

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