Hugh Kennedy
Another key player at the SEC will be heading out the door in the New Year. It was announced Nov. 21 that Stephen Luparello, who ...
The SEC has brought its first-ever enforcement action resulting from the Commission’s Asia hiring referral sweep. JPMorgan Chase & Co. will have to pay over ...
The long-awaited National Market System plan to create a Consolidated Audit Trail was approved Nov. 15 by a unanimous vote of the SEC’s commissioners. The ...
Cross-selling programs of broker-dealers are now squarely in the crosshairs of FINRA. The SRO announced through the release of a targeted exam letter that it ...
FINRA has signaled in the past that broker-dealers that sell mutual fund “L- shares” to variable annuity clients should anticipate heightened scrutiny (IA Watch, Aug. ...
The Public Investors Arbitration Bar Association has once again assailed FINRA’s BrokerCheck system for key information omissions. Two-and-a-half years after issuing an initial report critical ...
Talk about compounding your problems. When an investment adviser principal was confronted by a client who noticed a lower account balance than they anticipated, the ...
Investment advisers’ and broker-dealers’ compliance manuals, codes of ethics, employment agreements and severance agreements are being scrutinized by SEC examiners to determine whether they contain ...
A proposed rule change aimed at providing broker-dealers with a way to quickly respond to situations in which they have a “reasonable basis” to believe ...
When the president of Valentine Capital Asset Management ($367 in AUM) lost his ability to earn commissions from a managed futures fund, he simply created ...