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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.
Steps were not taken to confirm that reps understood the features and risks unique to NT-ETPs before recommending them
The new survey results offer meaningful insights into what firms are doing regarding marketing nearly two years after the IA marketing rule became effective
The Commission's economic analysis of the Regulation Best Execution proposal is "fundamentally flawed," in former Chief Economist's opinion
SRO reminds about policy prohibiting firms and associated persons from making audio or video recordings of conversations with staff
Association expresses concerns that proposed rules could have a chilling effect on broader short selling activity across the industry
FINRA determined that SpeedTrader's supervisory system for potential manipulative trading was not reasonable in four key respects
SEC Division of Examinations sweep exam assessing how the T+1 settlement change is going
741 firms opted in to participating in the initial phase of FINRA's remote inspections pilot program
FINRA alerts B-Ds to Form BR functionality enhancements for initial Form BR submissions and updated residential supervisory location FAQs
Broker-dealer failed to "reasonably respond" to trading in 100 customer accounts that appeared to be potentially excessive and unsuitable
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