Hugh Kennedy
New FINRA case adds the new twist of charges against both the firm and a specific person
SEC examiners plan to continue to conduct examinations and engage in outreach with firms to assess their T+1 preparedness
One of the seven FAQs addresses IA recordkeeping requirements tied to T+1 transition
Broker-dealer charged for failing to preserve and review over 1.25 million business-related electronic communications on four platforms
Firms charged for deficiencies tied to transactions involving non-traditional ETFs and other non-traditional exchange-traded products
Public privy to the dissemination of U.S. Treasury transactions on a trade-by-trade basis
Social media posts made by influencers on broker-dealer's behalf "were not fair or balanced, or contained exaggerated, unwarranted, promissory or misleading claims"
The last two years have seen the SEC adopt rules providing investors with disclosures on emerging risks like climate control, cybersecurity and SPACs
The "biggest and most powerful" implementation being seen so far with AI is efficiency gains
When it comes to AI, the use of third-party vendors is the current, primary driver, making supervision critical