Resources featuring Victoria Olson DeLucia

Translating SEC exam priorities into action: How compliance leaders will refocus their programs in 2026

Going forward into 2026, the compliance landscape will be shaped less by brand-new rules and more by heightened expectations around program effectiveness, governance, and execution. The SEC’s 2026 Examination Priorities reinforce a familiar message: core obligations haven’t changed, but scrutiny has intensified. Fiduciary duty, disclosures, cybersecurity, and operational resilience remain front and center, with regulators […]

SEC division of examinations issues risk alert on marketing rule compliance: Key observations for investment advisers

The SEC’s Division of Examinations (the “Division”) recently issued a Risk Alert to provide investment advisers, investors, and market participants with practical guidance regarding compliance with the amended Rule 206(4)-1 under the Investment Advisers Act of 1940 (the “Marketing Rule”). The December 16, 2025 Risk Alert follows prior alerts addressing general prohibitions, compliance programs, books […]

Surviving daunting regulatory exams: Key takeaways from compliance pros who’ve been there

Key takeaways Regulatory exams are faster, smarter, and still coming Coinciding with changes in regulatory priorities under new leadership, the SEC’s exam division remains active and committed to its risk-based approach, seeking to annually review approximately 10% of the 16,000 advisors servicing about $145 trillion in AUM. In addition, remote and hybrid exams are most […]

Regulatory reality check: What compliance teams need to know in July 2025

Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.

Regulatory reset

On June 12, 2025, the SEC announced the formal withdrawal of 14 pending rule proposals originally introduced under former SEC Chair Gary Gensler. These included sweeping initiatives across a broad spectrum of regulatory priorities:

• Outsourcing by Investment Advisers
• Safeguarding Advisory Client Assets (the “Custody Rule”)
• Cybersecurity Risk Management for advisers and funds
• Regulation Best Execution for broker-dealers
• Enhanced Disclosures of ESG Practices
• Conflicts of Interest Associated with the Use of Predictive Data Analytics conflicts
• Exchange and ATS oversight reforms