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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.
Crowdfunding and the portals that bring buyers and sellers together online are gaining traction. Twenty-one funding portals have emerged to facilitate crowdfunding, with 163 deals ...
A proposal that would provide an exception to the prohibition on projecting performance to permit brokerage firms to distribute a customized hypothetical investment planning illustration ...
When you don’t follow one of your compliance policies and procedures and processes nearly half the time, you are certainly inviting trouble. Despite knowing that ...
Not having written P&Ps to prevent the misuse of material non-public information and ignoring a “daily restricted list” of securities for personal trading purposes are ...
The global financial crisis continues to swallow up its fair share of industry players. For private equity adviser Scott Landress, the trouble started when UK ...
Three years into its overhaul of its arbitration system, FINRA continues to make progress with improving transparency and fairness in the system. In an 11-page ...
In January, the SEC shouted from the rooftops that it remains laser-focused on money laundering and brokerage firms’ AML programs. The Commission’s 2017 exam priorities ...
The SEC’s Director of the Office of Compliance Inspections and Examinations Marc Wyatt will be leaving the agency next month. Wyatt, whose tenure has been ...
The SEC Jan. 25 charged a Massachusetts-registered investment adviser and its managing partner, CCO and sole employee Michael Breton with cherry-picking client trades. The case ...
Senator Elizabeth Warren (D-Mass.) wants to know where firms having already implemented significant changes to comply with the looming DOL rule stand on a rumored ...
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