Financial Advisors SEC · FINRA · Reg S-P

AI Compliance for Financial Advisors
Built for RIAs and Wealth Management

Your advisors are using ChatGPT to draft client communications. That's a SEC Marketing Rule violation waiting to happen — and you probably don't have a policy that covers it.

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12 questions · 5 minutes · Instant compliance score

Regulators
covered
SEC Marketing Rule (Rule 206(4)-1)AI-generated client comms, testimonials, performance data
FINRA Rule 2210Retail communications and correspondence
Reg S-PClient PII handling in AI tools
State Advisor AI DisclosureEmerging state-level AI disclosure requirements
Specific Risks

Three ways AI exposes your practice to regulatory action

01

AI-Generated Client Communications

ChatGPT-drafted performance summaries, market commentary, and client emails are "advertisements" under SEC Rule 206(4)-1. Without a pre-approval workflow, documented compliance review, and an AI-specific written supervisory procedure (WSP), every AI-assisted client communication is an unreviewed ad — and a potential SEC deficiency finding.

SEC Marketing Rule 206(4)-1
02

Client PII in AI Prompts

Advisors routinely paste account balances, tax data, and client names into ChatGPT to draft notes and letters. That data flows to OpenAI's training infrastructure unless you have an enterprise data processing agreement — and even then, your Reg S-P privacy notice doesn't cover third-party AI tool disclosure. One data incident triggers notification obligations and SEC exam scrutiny of your information security program.

Reg S-P · Custody Rule
03

AI-Assisted Investment Recommendations

Using AI to screen securities, summarize research, or draft IPS language isn't prohibited — but it creates fiduciary duty exposure if you can't document what the AI contributed to a recommendation. FINRA Rule 2210 requires firms to supervise "any communication" including AI-assisted output. Without documented human review and an AI contribution log, your best interest obligations are at risk the moment an AI-influenced recommendation goes sour.

FINRA Rule 2210 · Fiduciary Duty
What You Get

A Compliance Action Plan built for your regulators

After your 12-question assessment, GovernIQ generates a personalized $299 Compliance Action Plan — specific to your firm size, AI tools in use, and SEC/FINRA obligations. Not generic. Not theoretical.

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AI Policy Aligned with SEC + FINRA

Written supervisory procedures (WSPs) for AI-generated communications, data handling, and investment research — mapped to your specific regulatory obligations.

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Approved Tools List for Advisors

Categorized inventory of AI tools your firm can use, can use with restrictions, and must prohibit — with the data handling rationale for each.

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Employee Training Module

Advisor-specific training on SEC Marketing Rule compliance for AI communications, Reg S-P data obligations, and what to never put in a prompt.

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Audit-Ready Documentation

30/60/90-day remediation roadmap with exam-ready policy templates, AI contribution logs, and supervisory checklists built for SEC/FINRA examination cycles.

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Free Tool — No signup required
Need a starting point? Get a customized AI Acceptable Use Policy in 60 seconds.
Named approved/restricted tools, industry callouts (SEC/FINRA), data rules, escalation path — generated for your team.
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Find out where your firm stands in 5 minutes.

The free assessment scores your AI governance across four areas — tools, data handling, training, and policy. You'll know exactly what's missing before an examiner does.

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