The SEC’s National Examination Program (NEA) of the Office of Compliance Inspections and Examinations (OCIE) announced that its examination priorities in 2017 will focus on three general areas: retail investors, risks specific to elderly investors and retirement investing, and assessing market-wide risks.
PROTECTING RETAIL INVESTORS -
Robo-advisers. For the first time, OCIE will focus on so-called “robo-advisers” that provide automated online investment advice. In particular, OCIE will examine compliance practices for overseeing the advisers’ algorithms that generate investment recommendations.
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