By Carlos Guillen, President & CEO BasisCode Compliance
When it comes to leveraging technology to create and manage an effective compliance program, investment advisors should take a page from regulators’ rule books. The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) announced that one of its top three priorities for the year, along with protecting retail investors and assessing market-wide risks, is using data analytics to identify signs of illegal trading activities, conflicts of interest or other forms of misconduct.
[Originally Published at ThinkAdvisor.com]
