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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.
The SEC’s enforcement activity sharply declined in the Commission’s fiscal third quarter, according to new analysis released from the financial consulting firm Cornerstone Research.  The ...
With the coming mid-November effective date of FINRA’s new rule requiring the delivery of an educational communication in connection with broker-dealer recruitment practices and account ...
The PCAOB remains concerned about the “consistently high number” of deficiencies across auditors of broker-dealers, according to the Board’s recently released annual report on its ...
Repeated swap reporting violations by Deutsche Bank AG have led the firm and the CFTC to seek the intervention of a Court-appointed monitor to ensure ...
It’s been more than a year since FINRA mandated background checks for registered reps for the first time (IA Watch, Feb. 5, 2015). By all ...
The SEC has adopted amendments to Form ADV and the Advisers Act books and records rule in a bid to provide investors and the Commission ...
Issuers of medium and long-term bonds and notes paid out more than $100 million in early redemptions as the result of misrepresentations by a hedge ...
Written compliance policies and compliance training concerning communications with customers weren’t enough to stop Goldman Sachs’ former head trader in residential mortgage-backed securities from “repeatedly” ...
FINRA has announced that it is conducting a targeted exam sweep with respect to non-traded business development companies. The SRO is asking that selected broker-dealers ...
You can pull this one out of your files when you find the need to drive home the point that it’s wise to heed multiple ...
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