SEC Registered Investment Adviser Compliance Manual- Personnel, Licensing & Reg. Investment Adviser The Outside Business Activities (OBA)

The Outside Business Activities (OBA) Disclosure Statement serves as an important part of an investment adviser’s overall compliance program by meeting certain disclosure and reporting requirements under SEC Rule 206(4)-7 and Rule 204A-1 and/or similar state requirements

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investment advisers

The Checklist assists broker-dealers in documenting and testing the range and quality of execution services and whether the Firm used reasonable diligence to ascertain the best market for the subject security and buy or sell in such market so that the resultant price to the customer is as favorable as possible under prevailing market conditions

SEC Registered Investment Adviser Compliance Manual- Personnel, Licensing & Reg. Investment Adviser The Outside Business Activities (OBA)The Investment Adviser Written Supervisory Procedures Section on Personnel, Licensing and Registration serves as an important part of a SEC Registered investment adviser firms written supervisory procedures (WSPs) and overall compliance program in accordance with SEC Rule 206(4) 7. The customizable WSP Section allows firms to memorialize their compliance and supervisory processes and includes twelve (12) separate sections and exhibit list that help