Gigi Szekely, IMP's Managing Director of Compliance, was quoted in the Fundfire article: SEC Pushes for Greater Asset Manager Exam Coverage. Excerpt below:
Firms that have not yet undergone an SEC exam need to ensure they have appropriate compliance infrastructure in place, says Gigi Szekely, managing director of compliance at IMP Consulting.
"If they outsource compliance due to the lack of internal resources they need to ensure they have the appropriate oversight and due diligence in place for those external resources," she says.
For larger managers, that most likely would have already faced SEC examinations, future exams will in part depend on the findings of past investigations, she adds.
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