Compliance and Regulatory Alerts | 10-21-24
SEC Announces 2025 Examination Priorities: Enhanced Focus on Market Evolution and Investor Protection
The Securities and Exchange Commission's Division of Examinations has released its examination priorities for fiscal year 2025, outlining a comprehensive approach to oversight that emphasizes both traditional and emerging market risks.
The priorities reflect the Division's commitment to protecting investors and maintaining market integrity through risk-based examinations of SEC-registered entities, including investment advisers, investment companies, broker-dealers, clearing agencies, and self-regulatory organizations.
Key Focus Areas for 2025
- Fiduciary duty compliance
- Standards of conduct implementation
- Cybersecurity preparedness
- Artificial intelligence oversight
- Compliance with the new IA AML Rule
- Controls for investor information protection
SEC Chair Gary Gensler emphasized that these priorities are designed to enhance market trust while facilitating capital formation. The Division’s risk-based approach will focus on practices, products, and services that present heightened risks to investors or market integrity.