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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.
The dissemination of ads that included "untrue or unsubstantiated" claims and testimonials, endorsements, or third-party rankings lacking required disclosures were among violations
The latest B-D case touches on customer identification, account opening, and deficient regulatory technology
RCW and industry regulators have a plethora of AML guidance for you
The SEC found that confidentiality agreements contained provisions that impeded clients from reporting potential securities violations to the Commission
FINRA charged the firm failed to establish WSPs reasonably designed to comply with the SRO's fingerprinting requirements
SRO's new type of exam review focuses on a business area or a product in which FINRA sees heightened risk
The protection of MNPI remains a top focus of the SEC's Division of Examinations
FINRA's Financial Intelligence Unit delivers threat intelligence products to communicate threat guidance to the industry
A market maker in OTC securities was charged with failing over a two-and-a-half-year period to provide best execution with respect to 1,674 orders
The SRO is squarely focused on the regulatory challenges presented by firms' crypto asset activities and evolving its oversight
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