🚀 Ready, Set, Comply!
The SEC is gearing up to host a series of compliance outreach events, and it's kicking things off with a bang! On September 25th, large firms will get the first crack at a comprehensive webinar designed to tackle the 2024 amendments to Regulation S-P. This is your chance to get ahead of the curve and ensure your firm is up to speed with the latest compliance requirements.
Bold moves are being made to safeguard consumer data, and the SEC wants to make sure you're in the know. You'll hear from the heavyweights in the Divisions of Examinations, Investment Management, and Trading and Markets, who'll break down the new obligations and give you a sneak peek into what to expect during examinations. And yes, there's a Q&A session, so bring your burning questions!
🎓 Tailored Just for You
What's better than a generic webinar? A tailored one! The SEC isn't taking a one-size-fits-all approach. They're rolling out specific sessions for large firms, transfer agents, and small firms, each aligned with their respective compliance deadlines.
Keith Cassidy, the Acting Director for the Division of Examinations, emphasized that these enhancements are designed to benefit both investors and firms, despite the potential compliance challenges. > "The SEC's Division of Examinations wants to help firms clearly understand the requirements of implementing the updated Regulation S-P obligations so we can reach the mutually beneficial goal of improving the safeguards that protect investors' personal information."
🗓️ Save the Date
While the spotlight is on the large firms' webinar on September 25th, don't snooze on the upcoming sessions for transfer agents and small firms. Details for these events are still under wraps, but rest assured, your compliance needs are on the SEC's radar.
Advance registration is preferred, and you can even submit your questions ahead of time. On the day of the event, just head over to www.sec.gov for the live link. Keep an eye on the Reg S-P Compliance Outreach webpage for the latest updates on the agenda and speakers. Trust us, you won't want to miss this.
