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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.
'Major event' officially becomes operative on Tuesday, May 28, the day after Memorial Day
Three trade associations, concerned about the impact on private fund managers, argue the the dealer rule is so overbroad that it should be vacated
FINRA charged TD Ameritrade with not exercising "reasonable due diligence" before approving certain customers to trade options
FINRA exam sweep status update featured questions brokerage firms should consider asking when approving options trading
Risk alert identifies shortcomings in advisers' P&Ps which "resulted in gaps for preventing violations of the marketing rule, books and records rule, or both"
Priorities include protecting investors and markets, enhancing transparency, reducing the time to complete cases, and improving internal collaboration
Enforcement director cautions that given the continued noncompliance in the crypto space, investors have "good reason" to be concerned about crypto's reliability and safety
Reg BI and Form CRS failures lead to penalty for Texas-based broker-dealer
SRO warns of fraudulent e-mails purporting to be from FINRA and using e-mail addresses designed to look like they are those of FINRA execs
IA penalized $60K for running afoul of the Commission's pay-to-play rule

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