BD Latest News

Data reveal the number of broker-dealer firms and registered reps continue to decline
FINRA continues to see deficiencies in examinations and communications reviews of alt fund products
Customer ID programs, SARs' filings, due diligence, and timely testing all being looked at
FINRA has developed tools that draw upon artificial intelligence, machine learning and "deep" learning to identify suspicious trading
There are 21 focus items reflected in the 2022 Report on FINRA's Examination and Risk Management Program report
Clearing firm charged with unauthorized trading, conversion, and misuse of customer funds and securities
Rule allows FINRA to impose new obligations on B-Ds with significantly higher levels of risk-related disclosures
FINRA cautions that issues can arise when issuers don't understand the unique characteristics of complex products and their risks
FINRA clarifies when a CCO is and is not subject to potential liability under its supervision rule
The proposal addresses concerns that some parties may not be able to participate meaningfully in arbitration due to illness or age

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