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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.
Limitation agreed to after firm hit with charging advisory fees to client accounts that were not provided advisory services
How firms manage their obligations related to information collected from acquired customers is also being sought
The extension will now automatically sunset on June 30, 2022
Firm charged for failure to adopt P&Ps to prevent violations in areas of "high risk" advisers heightened supervision and more
More than half of Horter Investment's reps hired since November 2014 were deemed "high" or "moderate" risk
JW Korth did not disclose before the completion of each transaction the capacity in which it was acting
Cloud computing is transforming how broker-dealers operate by providing opportunities
Many firms called out importance of well-designed governance policies that lay out roles, processes, standards and accountability
Frontier Wealth's reps failed to reasonably assess whether investments in a complex product were suitable for clients
Each of the firms were charged with Regulation S-P violations
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