Speak To A Live Person: 888.302.4594 Request A Demo

Common State Exam Deficiencies

Monday, March 17, 2014

We believe many states are finding deficiencies similar to what the Texas State Securities Board’s (“TSSB”) has published in their newsletter, “Texas Regulatory Review”. The TSSB’s recent publication offers insights into the common exam deficiencies they found for the first half of 2013.

It also offers clarification on TSSB’s view of what is and is not advertising and the books and records requirements. Finally they discuss the new 2011 rule that requires Advisers to obtain certain client profile information and update it every 3 years. Please click here to read the complete newsletter.

If you have any questions, please feel free to call us.