A survey finds cybersecurity is registered investment advisers' (RIAs) highest concern.
SEC inspection staffers have identified growing security risks associated with advisers’ storage of electronic customer recorders in cloud-based platforms—and they will be watching for non-compliance in this area.
The American Institute of Certified Public Accountants issued a plan advisory that reminds plan sponsors of ERISA record retention rules and also offers best practices for protecting personal information.
The solution allows participants to “lock down” their accounts to prevent any distributions or loans from being initiated.
This is the fifth year in a row they have identified cybersecurity as their No. 1 concern.