SEC Registered Investment Adviser Compliance Manual- Impartial Conduct Standards

The Investment Adviser Written Supervisory Procedures Section on Impartial Conduct Standards serves as an important part of a firm’s written supervisory procedures (WSPs) and overall compliance program in accordance with SEC Rule 206(4)-7 & the Department of Labor’s (DOL’s) adopted Prohibited Transaction Exemption 2020-02 (“PTE 2020- 02”).  The WSP Section includes ten (10) separate sections that help firms outline effective supervisory processes regarding compliance with DOL’s Impartial Conduct Standards.  Select sections include sample descriptions of supervisory review processes that can be further customized to align with your specific business model. Members can also view our entire collection at SEC Reg. IA WSP Library. Members also downloaded the Rollover Due Diligence Form for DOL PTE 2020-02, Written Acknowledgement of Fiduciary Status under DOL PTE 2020-02. 

Version/Update: V.2/May 31, 2022

Total Page Count/Format: 27/.docx

Source/Author(s): Connexien