On October 7th, the SEC announced that it has rescheduled its compliance outreach program’s national seminar for investment companies and investment advisers. It will now take place on November 19, 2020. The compliance program is aimed at helping chief compliance officers (CCOs) and other senior personnel at investment companies and investment advisory firms improve their compliance programs for the protection of investors.
Together, the SEC’s Office of Compliance Inspections and Examinations (OCIE), Division of Investment Management (IM), and the Asset Management Unit (AMU) of the Division of Enforcement sponsor the compliance outreach program. It is their hope that the seminar will foster a continuation of critically important open dialogue between SEC staff and industry professionals, as well as between CCOs and their teams. This better prepares the compliance community and regulators to respond to the many challenges affecting investors, including those associated with the COVID-19 pandemic.
Speakers for this event will include senior representatives from the SEC, OCIE, IM, AMU and industry professionals. The seminar sponsors and panelists aim to promote improved compliance in the industry with these discussion topics:
program priorities in 2020
business continuity and information security
issues regarding conflicts of interest
regulatory hot topics
topics specific to investment companies
The event will be presented on the SEC’s website as a live webcast with speakers and attendees taking part in the program remotely. The full agenda for the seminar can be found on the SEC’s website. Although registration is not required to attend the virtual seminar, there is a chance that live access demand may exceed capacity. All live webcast attendees can watch the program live, access presentation materials, and submit questions to the speakers during the presentation. Questions for the panels should be submitted prior to the event to ComplianceOutreach@sec.gov. A recording of the event will also be made available on the SEC’s website.