On February 7, the Division of Examinations of the Securities and Exchange Commission (the “Division”) published its 2023 Examination Priorities (the “Exam Priorities”).1 The Exam Priorities indicate a particular Staff examination focus on registered investment advisers (“RIAs”) generally, and private fund advisers specifically, highlighting certain areas where enhanced Staff scrutiny is anticipated, including the Marketing Rule.
Source: 2023 SEC Exam Priorities