10/05/2026
The U.S. Securities and Exchange Commission just published a list of the six mistakes it keeps finding in advisers' annual compliance reviews.
Some are what you'd expect. Others are the kind a firm with solid policies still makes: a review report your own procedures require that nobody ever wrote, or a corrective action reported as complete and never implemented.
Yelitza Montesino walks through all six from the Division of Examinations' September 14 Risk Alert and what examiners flagged in each.
If your annual review is coming up, read this one first: https://bit.ly/4rQjlFq
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