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The syndicate desk allocated oversubscribed bonds to orders for flippers ahead of institutional customer and dealer orders. RBC failed reasonably to implement the WSPs it ...
Cloud computing is transforming how broker-dealers operate by providing opportunities
Many firms called out importance of well-designed governance policies that lay out roles, processes, standards and accountability
A peer shares a template for auditing a branch office
The analysis phase is expected to wrap by October, transition timeframe to follow
Fraudulent phishing e-mails purport to be from FINRA
Option account opening, account supervision, communications and diligence are the subject of the new FINRA sweep
FINRA reminds that the requirement to maintain a "reasonably designed" supervisory system and WSPs extends to vendors
FINRA's short sale reporting program enhancements proposal yielding a great deal of industry feedback
Risk tolerance, investment objective, financial condition and age ignored with unsuitable VSRP recommendations

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