Alert May 19, 2009

SEC Staff Posts Standardized Request for Confirming Account Balances as part of Examinations

The SEC staff posted the standardized request letter that all examiners will use going forward if they seek confirmation of account balances from customers/clients of securities firms or investment advisers in connection with examinations of those entities.  http://www.sec.gov/about/offices/ocie/routine_account_information_confirmation.pdf