Breaking News

Meryl Wiener on the SEC Examination Priorities for 2019

Warshaw Burstein partner Meryl Wiener examines the newly announced SEC Examination Priorities for 2019. She outlines what SEC registered entities, from established broker-dealers to newly-formed hedge funds, should consider in dealing with a routine examination by the SEC (as opposed to an examination for cause, which will be covered in a future podcast). Meryl notes that the SEC Office of Compliance Inspection and Examinations (OCIE) examined 3,150 entities in 2018 of the more than 30,000 entities that could have been examined. Every year OCIE announces a list of priorities that it will consider in choosing which entities will be examined and that will determine the scope of the examinations. This year’s list includes a new priority, digital assets, including cryptocurrencies, coins and tokens, as the number of digital asset market participants has grown rapidly.