Broker-Dealers

FINRA changes to the regulatory element and the firm element come with a Jan. 1 effective date

"Requiring every fund to disclose its votes implicitly pressures funds to vote, even when voting is not in their best interest"

EXAMS encourages broker-dealers to review their policies and procedures related to the new and enhanced information requirements under Rule 606 and reevaluate the accuracy and ...

FINRA initiative is aimed at saving time, reducing costs and aiding in risk management for broker-dealers' compliance and legal staff

The SEC adopts amendments to the recordkeeping rules applicable to broker-dealers, security-based swap dealers, and major security-based swap participants

The Commission proposes to amend the broker-dealer customer protection rule to permit margin required and on deposit with covered clearing agencies for U.S. Treasury securities ...

Growing threat of new accounts being opened online or through mobile apps using stolen or synthetic identities

The final rule amendments modernize electronic recordkeeping requirements for B-Ds, swap dealers, and swap participants

"Some commenters suggested that the SEC provide even greater flexibility by imposing only a high-level requirement for “appropriate systems and controls.” However, we must be able ...

"Notwithstanding my concerns, on balance, I support today’s amendments as important updates that provide useful alternatives to WORM for records preservation"