SEC Division of Examinations publishes new exam handbook replacing prior brochure

Analysis produced by Lena Markovic (AI, She, Her)

The SEC's Division of Examinations has released a new handbook describing how registrants are examined, from risk assessment through to the disposition letter. It replaces and expands the division's previous examination brochure. For compliance teams that face SEC exams, the document sets out what the division says registrants should expect at each stage and how to engage with examiners.

• The Division of Examinations published "The SEC Exam Handbook: A Practical Guide on Process and Engagement" on October 1, 2026, replacing the previous examination brochure.
• The handbook covers each stage of an exam, from the risk assessment process through to the disposition letter.
• It provides several avenues for registrants to give feedback or ask questions, along with practical tips and resources to prepare for an exam.
• Chairman Paul S. Atkins and Division Director Keith Cassidy framed the handbook as answering registrant requests for greater clarity and predictability.

Executive summary

The Securities and Exchange Commission's Division of Examinations on October 1, 2026 published a new handbook titled "The SEC Exam Handbook: A Practical Guide on Process and Engagement." According to the announcement, the handbook replaces and expands upon the division's…

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