2019 Investment Management Compliance Testing Survey


ACA Compliance Group

Publish Date



  • Compliance

ACA Compliance Group and the Investment Adviser Association invite you to participate in the 2019 Investment Management Compliance Testing Survey. The survey is open to compliance professionals at SEC-registered investment advisers. The survey will remain open through Friday, May 31

Now in its 14th year, the survey is the most comprehensive resource available for identifying the top concerns of compliance professionals. By participating in the survey, you will gain access to a variety of testing strategies that you can put to practical use at your own firm, as well as assist the industry in identifying compliance trends. Last year’s survey was overwhelmingly successful, with responses from over 450 compliance professionals. Results of previous years’ surveys are available here.

Our 2018 survey covers a range of topics, including:  

  • Advertising
  • Social Media
  • Custody
  • Best Execution
  • Code of Ethics
  • Gifts and Entertainment
  • Data Privacy
  • Solicitation / Referrals
  • Lobbying
  • Impact of MiFID II on Research

The survey also contains trend update questions about: Cybersecurity, Fees and Expenses, Whistleblowing, and other compliance hot topics.

A webinar on the survey results – exclusively for survey participants – will take place on June 18.

We do ask that only one compliance professional at each firm complete the survey.  The survey will take approximately 30 minutes to complete and is conducted on a “blind” basis.  All participants will remain anonymous, and all individual responses to the survey will be kept strictly confidential.

Questions? Please contact:

Enrique Alvarez, Senior Principal Consultant, ACA Compliance Group
(703) 419-0747

Sanjay Lamba, Associate General Counsel, Investment Adviser Association
(202) 293-4222

About the Survey Sponsors

About the IAA
The IAA is the leading organization dedicated to advancing the interests of SEC-registered investment advisers. The IAA’s more than 650 member firms range from many of the world’s largest asset managers to the small and medium-sized firms that reflect the core of the investment management industry.  Collectively, our members manage more than $25 trillion for a wide variety of individual and institutional clients, including pension plans, trusts, mutual funds, private funds, endowments, foundations, and corporations.  For more information about us, please visit www.investmentadviser.org.

About ACA Compliance Group
ACA Compliance Group (“ACA”) is a leading provider of governance, risk, and compliance advisory services and technology solutions. We partner with our clients to help them mitigate the regulatory, operational, and reputational risks associated with their business functions. Our clients include leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and domestic and international banks. ACA is based in New York City and has offices in London, Hong Kong, Malta, and other U.S. cities.