BD Latest News

The association is pushing back on the proposed allocation of two-thirds of the costs of the Consolidated Audit Trail to industry members
SEC's Division of Examinations intends to incorporate performance with Reg BI into retail-focused exams of broker-dealers
Over a three-year period, firm experienced five cyber events but didn't file SARs
Enforcement action against Hunnicutt & Co. illustrates the price for falling short of meeting the independent AML testing requirement
Of the two dozen focus areas identified in new FINRA report, AML garners the most ink from the SRO
The communications preservation obligation spans the likes of e-mails, instant messages, text messages, chat messages, and interactive blogs
OFG Financial Services only reviewed 0.26% of the e-mails its reps sent or received over a four-year period
Report addresses a materially broader range of topics than in prior years with two dozen focus areas flagged
Cyber is flagged as a "selected highlight" in FINRA's new Examination and Risk Monitoring report as risk increases
FINRA offers up a "Top 5" list of tools and resources the SRO believes would most benefit B-D compliance professionals

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