2021 SEC Division of Examinations Priorities

8 March 2021
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Key takeaways: 

  • On March 3, 2021, the U.S. Securities and Exchange Commission’s (“SEC”) newly-renamed Division of Examinations (“EXAMS” or “Division”) released its 2021 Examination Priorities (“2021 Priorities”).
  • While many of the priorities highlighted in this year’s publication reflect classic areas of concern, the 2021 Priorities also reflect a clear focus on adaptations to processes necessitated by the COVID-19 pandemic.
  • The 2021 Priorities also reflect new scrutiny of Environmental, Social, and Governance (“ESG”) related matters, a policy priority for the SEC under the Biden Administration, as well as attention to Regulation Best Interest (“Reg BI”) compliance and related scrutiny on complex products.