Investment Adviser Business Continuity and Disaster Recovery Plans

by RIA Compliance | Sep 21, 2015 | Disaster Recovery Plans, RIA Compliance, SEC Rules, State Investment Adviser Compliance

Registered Investment Advisers (“RIAs”) owe a fiduciary duty to implement business continuity and disaster recovery plans (“BCPs”). Without a BCP, an RIA’s clients may be harmed if a sudden or unexpected event occurs that disrupts the firm’s operation.