The SEC's Focus on Trade Surveillance

November 30, 2016 - 11:00 am
Investment Adviser Private Fund Broker-Dealer ACA Technology
Ted Eichenlaub, Michael Lehman

In 2014, the U.S. Securities and Exchange Commission (SEC) announced a sustained commitment to revolutionize its National Examination Program and Enforcement Division through the extensive use of technology to detect and combat wrongdoing, including insider trading and market manipulation. Over the past several months, we have observed the SEC staff’s technology commitment in action through various public statements and the announcement of a number of enforcement actions (both settled and ongoing) against registered investment advisers.

We believe the SEC will continue to make substantial investments in its data analytics and surveillance tools such as the recent approval of the Consolidated Audit Trail National Market System Plan. As a result, the old way of conducting compliance surveillance and testing through manual processes and sampling techniques will need to evolve and change with the times.

This webcast hosted by ACA's Ted Eichenlaub and Michael Lehman will discuss on the SEC’s focus on trade surveillance, as well as provide a demonstration of Decryptex®, ACA's proprietary algorithmic-based data analytics software that provides firms with surveillance tools to facilitate more rigorous and robust oversight over their investing activities. Topics will include:

  • SEC examination program’s focus on data analytics tools;
  • SEC enforcement successes using data analytics tools;
  • General regulatory climate and initiatives regarding information technology and data; and
  • How Decryptex can provide firms with the tools necessary to satisfy ever-increasing regulatory demands and ensure the implementation of reasonably designed and effectively implemented compliance oversight procedures.

If you would like to view this webcast OnDemand, please contact Mike Lehman.