Year after year, SEC examiners tell us that advisers make the same mistakes over and over again. The most common deficiencies involve common areas, such as books and records, portfolio management, advertising, brokerage arrangements, and personal trading. This web cast will:

• Discuss the top deficiencies found by the SEC in investment adviser examinations
• Suggest ways to correct deficiencies
• Provide guidance on identifying pitfalls before they happen
• Explain how to recognize conflicts or issues that may be the root cause of a pitfall
• Discuss SEC enforcement proceedings involving recidivism