Home Authors Posts by Hugh Kennedy

Hugh Kennedy

Hugh has 35 years of expertise in the financial services industry, with publishing and legal research experience spanning the public company, investment adviser, broker-dealer, credit union and banking industries. As a senior-level manager, award-winning writer and conference speaker, he has covered key issues stemming from the Securities and Exchange Commission, Commodity Futures Trading Commission, Department of Labor, Public Company Accounting Oversight Board, NCUA, banking agencies, Capitol Hill, NASAA and other regulators. He has developed and created a number of new publications, online databases and value-added portals serving the needs of financial industry professionals.
The form of cyber-attack employs compromised client login credentials
This is the third municipal bond offerings case in four months
Kamensky charged with manipulating bidding process at expense of Neiman Marcus unsecured creditors
Neiman has sued Marble Ridge for millions of dollars in alleged damages
A failure to deliver final prospectuses in shelf offerings triggers enforcement action
Proceeding in contravention of your own WSPs can prove costly
Concerns expressed about expanding required learning to all registered persons
B-Ds supervisory systems and WSPs will be examined
Merely reciting the applicable rules heads the list
he aim is a more secure CAT, operating without sensitive PII
The start of equities and options reporting has commenced
FAQ tackles how new realities play with rules pertaining to gifts and entertainment
Fraudsters are using the names of registered reps to establish imposter websites
The suit is a bid to invalidate an order allowing MAs' to arrange private placements without registering as B-Ds
A portion of the website links to an illegitimate registration site
AML compliance staffing since increased by "many dozens"
Communications to fund boards' on arrangement considered misleading
The December 2021 phase-out date has FINRA cautioning on need for preparation
The total number of B-Ds declined 3% over the past year
Failures stemmed from allocations tied to day trade and buy-and-hold clients

Copyright PEI Media

Not for publication, email or dissemination