Hugh Kennedy
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 ...
The SEC has confirmed that it has succeeded in bolstering its staffing in the investment adviser/investment company exam program by roughly 20%. The Commission had ...
Artis Financial Management was at least proactive in having a written policy requiring its employees to notify the firm’s CCO of any potential material nonpublic ...
The SEC approved Oct. 19 a FINRA rule proposal that will require broker-dealers to report transactions in U.S. Treasury securities through the TRACE system. A ...
Despite having multiple policies dating back to 2008, Bank Leumi’s progress in following the policies and exiting their U.S. cross-border securities business was too slow ...
The inaccurate reporting of millions of trades over the course of almost five years has now cost Merrill Lynch $2.8 million. FINRA fined the firm ...
Sweeping reforms aimed at enhancing transparency and modernizing reporting requirements for mutual funds, exchange-traded funds and other registered companies have been adopted by the SEC. The ...
The SEC has reached a new single year high in the number of enforcement actions brought in a fiscal year. The Commission announced Oct. 11 ...
Along with adopting and implementing written policies and procedures reasonably designed to prevent violations of the federal securities laws and designating a CCO to administer ...