Finra 2025 Exam Priorities. Sec's 2025 priorities focus on fiduciary standards, compliance program effectiveness, and cybersecurity for investment advisers. With an emphasis on both ongoing and emerging risks, the 2025 examination priorities address critical topics such as fiduciary responsibilities, cybersecurity protocols, artificial intelligence.

Adherence to fiduciary standards and conflicts of interest. In the attached appendix, we briefly summarize some key themes and topics that differed between the 2024 and 2025 reports.