Non-compliance with regulatory standards can have serious repercussions in the highly regulated business environment of today. The hidden costs of non-compliance can be enormous, ranging from heavy fines to harm to one's reputation and a loss of client trust.
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Did you know the SEC has changed your annual compliance program requirements for 2024? The SEC did so by adding just 4 words – "and document in writing" – to the Compliance Rule.
The Securities and Exchange Commission (SEC) has proposed new rules under 17 CFR Parts 240 and 275 that would require broker-dealers and investment advisers to take certain steps to address conflicts of interest associated with their use of predictive data analytics (PDA) and covered technologies to interact with investors.
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The adoption of AI raises important questions about responsible AI and its role in ensuring compliance excellence in the financial services industry.
Recognizing the dynamic nature of regulations and the increasing complexities involved, the adoption of automated solutions for various aspects of the compliance workflow has emerged as a game-changer.
2023 was the breakout year for generative AI and according to McKinsey & Company, all kinds of industries are increasing their exposure to AI tools, including financial services and wealth management.
Avery by RegVerse, the regulatory co-pilot, is designed to offer 24/7 personalized regulatory and enforcement action insights to minimize risk of non-compliance, all while saving time and money for SEC, FINRA and State Board regulated firms.
As wealth management continues to evolve, data privacy and governance have become crucial topics. These concerns not only pose significant compliance risks for your firm but also demand increasing attention and dedication.
Wealth management firms can gain numerous advantages from utilizing Regtech. It allows you to automate compliance procedures, enabling your business to meet regulatory obligations in various regions.
Wealth management firms are embracing regulation technology (RegTech) to ensure compliance. However, it's essential to conduct thorough research before partnering with a RegTech vendor.
The CFTC is looking to regulate the bitcoin industry. Are you in the know on current efforts?
Do the headlines scare you away from reviewing how AI can enhance your compliance program? Responsible AI can put you ahead of the curve in monitoring and detection. Embracing the technology ahead of the curve will put your company on the path to a resilient compliance program.
Do you know the difference between general GPT models and custom AI models? Knowing the basic differences can help you decide how you can benefit from using AI in wealth management. Don’t let the rest of the world benefit from AI while you sit on the sidelines.
As a state RIA are you aware you have to file a BOI with FinCEN? While SEC registered RIAs are exempt, state RIAs are not. Read here for more information on how to file for 2024.
Do you understand the different types of Artificial Intelligence (AI)? Let us help you learn more about the types of AI and how they are used.
Avery by RegVerse and NIST are here to reassure you that AI can be added to your compliance program responsibly. Read and review the parameters NIST has developed so you are able to review programs for trustworthiness.
FinCen has proposed a new rule to combat AML threats in the Investment Adviser Sector. We encourage RAs to review this notice as the comment period is available until April 15, 2024. RAs should consider the operational impacts to their practice should this rule be approved.
Are you familiar with the 150 questions the SEC has drafted for Advisers to review for their compliance program? How do you organize and address all of this information? Review this list and then consider how Avery by RegVerse can improve your compliance program.
The standard settlement cycle will change in May 2024 from two business days after the trade date (T+2) to one (T+1). Are you ready to update your policies and procedures and will your computer systems be up to date? Take a look at our recommended steps to begin preparation.
Investor advocates are urging the SEC to prohibit registered investment advisors from including mandatory arbitration clauses in client contracts. They contend that these clauses restrict the ability of affected investors to recoup losses and constitute a violation of an RIA’s fiduciary responsibility.
Does your compliance oversight include the concept of professional skepticism? Read the latest statement from the SEC to understand what is being asked of auditors in how they approach their duties when they audit RIAs. Could your compliance program benefit from Avery by RegVerse to meet this standard?
The personal liability a Chief Compliance Officer has come under scrutiny as many of us struggle to stay informed and engaged as the new developments within the regulatory landscape continues to shift.
Kickstart the year with crucial updates from the SEC on cybersecurity disclosure rules, insights on annual Form ADV updates, the latest in RIA compliance (plus a helpful checklist for starting a new RIA), info on the proposed AI Rule, and other top industry news.
We are thrilled to share some exciting news—RegVerse, a flagship product of Surge Ventures, has been honored as a finalist in the prestigious ThinkAdvisor Luminaries Awards 2024!
The award-winning Avery platform now includes Fusion1 - a comprehensive suite of AI-enabled automated workflow tools to increase the reliability and accuracy of RIA and Broker-Dealer compliance and surveillance programs
Exciting news just in! RegVerse has been named a finalist in the prestigious Wealth Management Industry Awards 2024. This accolade underscores our team's unwavering commitment to innovation and excellence. It's a testament to the dedication and hard work poured into every aspect of our efforts.
This whitepaper, geared toward financial leaders and compliance pros in wealth management firms, shares how they can lower their risk and optimize their regulatory compliance and cybersecurity compliance using a modern, AI-powered technology platform. Learn how Fusion1 by RegVerse enables wealth management firms to overcome their compliance challenges, lower their risk profile, and remain compliant in real time.
This whitepaper goes into detail about the top 4 regulatory priorities for 2025: Enhanced ESG Reporting, strengthened cybersecurity measures, off-channel communication compliance, and increased regulatory oversight and how firms can be ready.
The US federal, state, and local regulatory agencies periodically propose and enforce new laws and regulations related to financial and wealth management industries. Financial institutions often find it increasingly difficult to keep up with the dynamic nature of regulatory changes
the rapidly evolving financial services landscape, compliance is essential for maintaining operational integrity. Wealth management firms face constant scrutiny from regulatory bodies such as the SEC, FINRA, and State Boards
Ensuring compliance with the Securities and Exchange Commission (SEC) requirements is critical. One of the key elements in maintaining transparency and protecting investors is the accurate filing and updating of Form ADV
This 30 minute webinar on April 17 at 12pm PT/3pm ET showcases our comprehensive Fusion1 Platform for risk management, cybersecurity compliance and regulatory compliance. Learn how this easy-to-use, fully integrated software solution, powered by AI, streamlines compliance efforts, and see it in action. [ April 17, 2025 ]
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This 30 minute webinar on March 27th at 11am PT/1pm ET showcases our comprehensive Fusion1 Platform for risk management, cybersecurity compliance and regulatory compliance. Learn how this easy-to-use, fully integrated software solution, powered by AI, streamlines compliance efforts, and see it in action. [ March 27, 2025 ]
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Join us at the One Voice Annual Kickoff event, with the theme “Level Up” this year, to gain industry insights, network with peers and explore ways to elevate your financial services business. Learn the latest from panels on hot topics such as automation and AI. [ January 27-29, 2025 ]
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This invitation only event focuses in on compliance, and features breakout sessions, case studies and panel talks for industry experts and those who keep regulators at bay. Hosted by Beacon Strategies LLC. [ February 18-20, 2025 ]
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This roundtable hosted by Cramer & Associates is designed to facilitate in-depth discussions among industry leaders, focusing on the latest trends, challenges, and innovations in compliance, operations, and technology within the financial services sector. [ March 19, 2025 ]
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Join us at FINRA’s premier event which brings together professionals, peers and regulators to learn more and exchange ideas on today’s hot compliance and regulatory topics. The conference covers a broad range of topics including risk management, regulatory compliance, crypto asset developments and more. Email us at sales@regverse.com to arrange a meeting with one of our RegVerse executives during this event. [ May 13-15, 2025 ]
Read more hereEasier compliance in minutes. Book your intro call now.
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