RIA in a Box Blog Top five dos and don'ts for selecting your RIA chief compliance officer

According to Securities and Exchange Commission (SEC) Rule 206(4)-7, registered investment advisers (RIA) must, "designate a chief compliance officer (CCO) to be responsible for administering the policies and procedures."However, choosing the individual to be your next CCO is often easier said than done.Selecting the right individual to lead and administer your regulatory compliance program can be the difference between a successful program, which adds value and trust with your customers, and one which puts your firm at risk of regulatory failure and fines.In this blog, we'll review some commons dos and don'ts to help you select the right CCO for your RIA firm.