2e. IA/IC/PF LAB – Preparing for SEC Regulatory Examinations (Intermediate - CLOSED)
In this regulatory exam preparation lab, industry experts will share their insights on best practices for managing complex SEC exam requests, creating a rapport with exam teams, and preparing for on-site or virtual interviews from SEC examiners. The lab facilitators will provide their perspectives on understanding potential and actual expectations or deficiencies and communicating with enterprise senior management on exam outcomes.
This session is closed to both regulators and members of the press.
The following learning objectives will be met using case studies, examples, group discussions, and other hands-on activities:
Explore ways to be prepared by engaging in mock or mini exams, reviewing recent exam priorities and enforcement actions and past firm regulatory exams.
Discuss how to manage and respond to difficult or voluminous requests, what to do with potential errors or omissions in process or previous submissions and describe the most effective interview procedures.
Consider ways to best position your firm in situations that may lead to deficiencies and/or referrals to enforcement and when to involve legal counsel and enterprise senior management.
Review best practices for follow-up when the regulators reply with your exam comment letter and determine who should take the lead in the response.
