Online broker-dealer failed to preserve at least 22.6 million business-related e-comms
The accounting for the payment of several million dollars from a broker-dealer to its corporate parent led to a FINRA enforcement action
FINRA reveals that while a broker-dealer's WSPs delegated responsibility for reviewing manipulative trading alerts to compliance, the reviews weren't reasonable
New FINRA enforcement action is tied to the SRO's 2022 targeted cryptocurrency exam sweep
Broker-dealer failed to establish and maintain a supervisory system "reasonably designed" to safeguard customer information
The 2025 CAT budget-originally exceeding $248 million-is now forecast to come in at $196 million
Those located outside the U.S. still must ensure that their supervisory systems and procedures are reasonably designed to achieve compliance with rule 8210
A secure electronic portal will replace email as the method for the filing and servicing of documents in OHO proceedings come Oct. 7
No enforcement action will be recommended if a firm relies on CRD to satisfy its record retention requirement for Form U4 filings electronically signed
RCW has obtained a copy of a FINRA exam letter asking for the firm’s 'written supervisory procedures' related to 'clone funds'