Two Trading Compliance Challenges: Valuation and Trade Errors

Investment management partner Jeff Blumberg joined a panel hosted by Comply and the Investment Adviser Association (IAA) titled “Two Trading Compliance Challenges: Valuation and Trade Errors.” The session emphasized the “best practices” that the SEC staff has identified during examinations of trade errors and highlighted those areas where enforcement actions have been brought. It also provided insight and guidance on what SEC examiners will expect to see and articulated best practices for addressing trade errors that are consistent with fiduciary standards.