Currently the SEC is learning and examining.
Their regulation are going to be adopted or new ones are created to protect your clients.
But how can you prepare your business to have a smooth conversation in such a situation without hiring expensive 3rd party consultants before, during and after?
It is all about transparency.
But how do you achieve the required levels of transparency when your business logic is getting hidden away in an environment that the business does not understand.
Decision Modelling empowers the business to capture exactly the business logic they need to achieve their goals providing the necessary transparency.
Speak to us to learn more about decision modelling.
SEC Targets Robo-Advisor Client Info Gathering Agency still crafting third-party advisor audit rule with lots of discussion about the scope of such exams The SEC’s examiners want to know whether robo-advisors are collecting enough customer information, Financial Advisor magazine writes. The regulator is concerned because firms using automated investment platforms don’t typically meet with clients the way their human counterparts do, said Jane Jarcho, deputy director of the SEC’s Office of Compliance Inspections and Examinations, at the regulator’s annual outreach seminar, the publication writes.