5/23/2019 | Content area:
Cybersecurity-related deficiencies are “a top concern” of securities examiners across the North American Securities Administrators Association’s juris...
4/25/2019 | Content area:
In a bid to provide greater flexibility to broker-dealers withdrawing their registration, the SEC has approved amendments to FINRA rule 4570 affording...
4/18/2019 | Content area:
The 59-year-old books and records rule may be showing its age but that’s not stopping advisers from plugging into modern means of communications for w...
3/14/2019 | Content area:
Gooder can clearly do better. Grenville Gooder, Jr., a 55-year securities industry veteran, and his SEC-registered advisory firm Ascension Asset Manag...
3/07/2019 | Content area:
Individual B never agreed to serve as Ascension’s CCO and was unaware that Ascension and Gooder had named him as the firm’s CCO until after he was con...
12/06/2018 | Content area:
The SEC was crystal clear in its 2018 priorities letter and the pronouncement will likely appear yet again in next year’s iteration: “the proper discl...
11/15/2018 | Content area:
The SEC has upped its game with respect to investment adviser examinations given the ever-increasing number of registered IAs and one of its commissio...
10/25/2018 | Content area:
To preserve or to destroy. That is the question when it comes to adviser business records.
Of course, Advisers Act rule 204-2 (books and records) su...
10/24/2018 | Content area:
Bill Sowell of Sowell Financial Services in North Little Rock, Ark., gives us permission to share with you his firm's document destruction P&P.
10/09/2018 | Content area:
The Commodity Futures Trading Commission (CFTC or Commission) is proposing amendments to its regulations to permit commodity pool operators (CPOs) tha...
8/16/2018 | Content area:
Citi eliminated 15 valuations and related financial control positions in North America, as part of a global “efficiency” initiative that saw 50 such p...
7/17/2018 | Content area:
BGC deleted audio files for the recorded lines of eight registered representatives that were responsive to requests from the Commission staff for thes...
5/21/2018 | Content area:
A peer shares the firm's policies and procedures for maintaining records.
5/03/2018 | Content area:
It’s very common for CPOs and CTAs to hire third parties to house their books and records. Sources have shared with CPO/CTA Watch NFA guidance that ma...
4/05/2018 | Content area:
These proceedings arise out of Clayborne’s improper registration with the Commission as an investment adviser, as well as its violation of a Commissio...
3/15/2018 | Content area:
The amount of FINRA fines, sanctions, cases, and industry bars were all down in 2017 when compared with the prior year, according to the recent releas...
3/01/2018 | Content area:
FINRA is looking to move on a single streamlined rule addressing the outside business activities and private securities transactions of broker-dealers...
1/16/2018 | Content area:
A peer shares the RIA's compliance manual, complete with numerous P&Ps.
1/07/2018 | Content area:
Click here to download a Word file courtesy of Karen Huey of Professional Compliance Assistance in Woodstock, Ga. This is an attestation form for reps...
9/21/2017 | Content area:
“Advertising has been a perennial issue for us,” said Kevin Kelcourse, associate OCIE regional director in Boston, in explaining OCIE’s newest risk al...