Regulatory pressure adds to the risks
Family offices and their advisors also face a stringent regulatory environment that directly mirrors insurer requirements. According to Omega Systems, the SEC’s amendments to Regulation SP went into effect for small registered investment advisors on June 3, 2026, introducing a written incident response program, 30-day client breach notification obligation and expanded vendor oversight requirements. According to Shulman Rogers, the SEC’s Examination Division has identified Regulation SP compliance as a fiscal year 2026 priority, with examiners focusing on security controls, employee training, and operational resiliency against AI-related threats.
