The award-winning Avery platform now includes Fusion1 - a comprehensive suite of AI-enabled automated workflow tools to increase the reliability and accuracy of RIA and Broker-Dealer compliance and surveillance programs
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Do you understand the different types of Artificial Intelligence (AI)? Let us help you learn more about the types of AI and how they are used.
Avery by RegVerse and NIST are here to reassure you that AI can be added to your compliance program responsibly. Read and review the parameters NIST has developed so you are able to review programs for trustworthiness.
FinCen has proposed a new rule to combat AML threats in the Investment Adviser Sector. We encourage RAs to review this notice as the comment period is available until April 15, 2024. RAs should consider the operational impacts to their practice should this rule be approved.
Are you familiar with the 150 questions the SEC has drafted for Advisers to review for their compliance program? How do you organize and address all of this information? Review this list and then consider how Avery by RegVerse can improve your compliance program.
The standard settlement cycle will change in May 2024 from two business days after the trade date (T+2) to one (T+1). Are you ready to update your policies and procedures and will your computer systems be up to date? Take a look at our recommended steps to begin preparation.
Investor advocates are urging the SEC to prohibit registered investment advisors from including mandatory arbitration clauses in client contracts. They contend that these clauses restrict the ability of affected investors to recoup losses and constitute a violation of an RIA’s fiduciary responsibility.
Does your compliance oversight include the concept of professional skepticism? Read the latest statement from the SEC to understand what is being asked of auditors in how they approach their duties when they audit RIAs. Could your compliance program benefit from Avery by RegVerse to meet this standard?
The personal liability a Chief Compliance Officer has come under scrutiny as many of us struggle to stay informed and engaged as the new developments within the regulatory landscape continues to shift.
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In October, the SEC released its examination priorities for 2024. Broadly, the SEC will prioritize areas that pose emerging risks to investors or the markets. Focus areas include marketing practices, conflicts of interest, operational resiliency, and emerging financial technology.
Now that you have the ability to offer your clients Bitcoin ETFs, have you considered updating your ADV? These ETFs provide direct exposure to bitcoin through either spot prices or bitcoin futures which brings nuanced risk clients may not have experienced.
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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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.
Governance, Risk, and Compliance (GRC) is a comprehensive approach used by organizations to manage their overall governance, risk management, and compliance at par with current regulations. Here’s a breakdown of each component of GRC
RegTech, leverages advanced technology to streamline compliance processes. RegTech applications feature built-in libraries containing relevant regulatory information, primarily for the financial services sector, aviation, gaming, and energy.
Registered Investment Advisors (RIAs) confront various problems in submitting Form ADV, which is crucial for regulatory compliance. If not addressed effectively, these obstacles might escalate into major problems. Here are some of the major issues encountered by RIAs in their ADV filings.
The regulatory landscape in the United States has evolved significantly over the last few years. Like every other industry, financial institutions must keep up with a staggering number of rules and regulations imposed by regulatory bodies like the SEC and FINRA.
In today’s fast-changing and competitive financial world, staying ahead requires more than just knowing asset management and investment policies. Registered Investment Advisors (RIAs) and Broker Dealers (BDs) need to use technology to make their work easier, boost efficiency, and meet clients' needs. Investing in the right tech tools is crucial for success in this industry.
Do you know what counts as a material change for your ADV? At RegVerse, we are here to help guide you on when your ADV may fall outside the annual filing and would need to be filed as a material change occurs.
Do you have visibility into the tasks your outsourced compliance consultant completes to evidence adequate supervision?
How much time will it take you to digest 476 pages of the DOL Retirement Security Rule?
Are you capturing all communications records you need for compliance with Rule 204? Don’t get caught short like other firms.
The ability to provide your compliance officer efficiency is key to a resilient and adaptable compliance program.
The CFTC is looking to regulate the bitcoin industry. Are you in the know on current efforts?
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.
Surge Ventures Achieved SOC 2 Type II certification, it's a major achievement for Surge Ventures! It shows the company’s dedication to high-security standards and operational excellence, assuring clients and partners that their data is well-protected.
We are thrilled to share some exciting news—RegVerse, a flagship product of Surge Ventures, has been honored as a finalist in the prestigious ThinkAdvisor Luminaries Awards 2024!
The award-winning Avery platform now includes Fusion1 - a comprehensive suite of AI-enabled automated workflow tools to increase the reliability and accuracy of RIA and Broker-Dealer compliance and surveillance programs
Exciting news just in! RegVerse has been named a finalist in the prestigious Wealth Management Industry Awards 2024. This accolade underscores our team's unwavering commitment to innovation and excellence. It's a testament to the dedication and hard work poured into every aspect of our efforts.
Most cybersecurity policies start out life as a boilerplate or generic document. In the policy sample above, it would not be unreasonable for a firm with a dedicated Windows administration team managing an Active Directory environment to review access every 90 days. So, if your boilerplate document was targeted toward such a firm, such a requirement may well be in your policy.
Financial services, information technology (IT), and healthcare - are subject to a plethora of intricate regulations and compliance frameworks, because of their corresponding effects on the financial business sector, dynamic digitization project implementation-based economy, and the health infrastructure.
Ensuring compliance with the Securities and Exchange Commission (SEC) requirements is critical. One of the key elements in maintaining transparency and protecting investors is the accurate filing and updating of Form ADV
SEC has imposed a new cybersecurity regulation, the goal of this regulation is to ensure that investors are promptly informed about potential risks that could affect their investments.
1300 El Camino Real Suite 100
Menlo Park, CA 94025
(408) 320-0387
info@surgeventures.com
