Hugh Kennedy
Online broker-dealer failed to preserve at least 22.6 million business-related e-comms
The accounting for the payment of several million dollars from a broker-dealer to its corporate parent led to a FINRA enforcement action
FINRA reveals that while a broker-dealer's WSPs delegated responsibility for reviewing manipulative trading alerts to compliance, the reviews weren't reasonable
New FINRA enforcement action is tied to the SRO's 2022 targeted cryptocurrency exam sweep
SEC signaled its intention to begin relief for funds with both ETF and mutual fund share classes
Broker-dealer failed to establish and maintain a supervisory system "reasonably designed" to safeguard customer information
The process was changed by the previous Administration
The 2025 CAT budget-originally exceeding $248 million-is now forecast to come in at $196 million
Those located outside the U.S. still must ensure that their supervisory systems and procedures are reasonably designed to achieve compliance with rule 8210
A secure electronic portal will replace email as the method for the filing and servicing of documents in OHO proceedings come Oct. 7