Products & Practices: Regulation S-P Amendments

Description

Regulation S-P Amendments: Incident Response, Vendor Oversight & Compliance Implementation for Investment Advisers

This two-hour IAR CE course provides investment adviser representatives, supervisors, compliance professionals and investment adviser executives with a comprehensive overview of the SEC’s amendments to Regulation S-P. The course explains the key rule changes, including the requirement to adopt a written incident response program, enhanced customer notification obligations, and expanded oversight of service providers. Participants will gain practical guidance on implementing policies and procedures, updating compliance manuals, and conducting defensible internal reviews aligned with regulatory expectations. Through case studies, the course highlights common deficiencies and how firms can mitigate regulatory and operational risks. The course is designed to equip attendees with actionable steps to strengthen data protection, incident response, and vendor oversight practices within their organizations.

Course Objectives

Upon completing this course, participants will be able to:

1. Identify key amendments to Regulation S-P impacting investment advisers
2. Explain the requirements of a written Incident Response Program (IRP)
3. Apply the 30-day customer notification requirement and related exceptions
4. Evaluate and oversee service providers with access to customer information
5. Update compliance manuals to reflect Reg S-P requirements
6. Conduct a defensible internal review of compliance with Regulation S-P
7. Recognize common deficiencies and enforcement risks