Financial services will continue to be hit with the symptoms of the cyber threat, including ransomware, account takeovers, identity theft, and data breaches
New FINRA case adds the new twist of charges against both the firm and a specific person
SEC examiners plan to continue to conduct examinations and engage in outreach with firms to assess their T+1 preparedness
Broker-dealer charged for failing to preserve and review over 1.25 million business-related electronic communications on four platforms
Firms charged for deficiencies tied to transactions involving non-traditional ETFs and other non-traditional exchange-traded products
Public privy to the dissemination of U.S. Treasury transactions on a trade-by-trade basis
Social media posts made by influencers on broker-dealer's behalf "were not fair or balanced, or contained exaggerated, unwarranted, promissory or misleading claims"
The "biggest and most powerful" implementation being seen so far with AI is efficiency gains
When it comes to AI, the use of third-party vendors is the current, primary driver, making supervision critical
The FINRA AML enforcement action demnonstrates the SRO's practice of "progressive discipline"