The 2016 examination priorities of the SEC’s Office of Compliance Inspections and Examinations was added to the CCO Companion Compliance Reference Library.

New areas of focus include liquidity controls, public pension advisers, product promotion, and two popular investment products – exchange-traded funds and variable annuities.  The priorities also reflect a continuing focus on protecting investors in ongoing risk areas such as cybersecurity, microcap fraud, fee selection, and reverse churning.