Hugh Kennedy
The FFIC is aimed at helping broker-dealers to combat cybersecurity and fraud threats
Firm failed to reasonably supervise its employees' use of unapproved communications platforms for business purposes
AML cases yielded the most FINRA fines in 2025, marking the third time in the past five years AML has topped the list
The SEC estimates that the approved amendment will result in $50 million to $70 million in annual CAT cost savings
FINRA is soliciting comments by May 1 on modernizing its arbitration rules, guidance and processes
FINRA disciplinary actions decreased 22% in 2025 and restitution was down 35%
Process overhauls are "reshaping how enforcement investigations are conducted and how broker-dealers experience investigations"
FinCEN levied an $80 million penalty against B-D for "willful" BSA violations and "widespread" compliance failures
FINRA cautions that prompt injection attacks do not require a computer intrusion or some other unauthorized access
Senior FINRA exec flagged nine rule amendments that reside in the SRO's pipeline