Granting of exemption delays the needed Form SHO reporting for 12 months
Charges brought concerning customer ID program, failures to close or restrict thousands of high-risk accounts and SARs' filing failures
FINRA charged violations tied to broker-dealer's fully paid securities lending program
Deadline extension sought from SEC to establish a system to facilitate the reporting and public dissemination of securities lending transactions
The SEC will no longer require the collection and reporting by broker-dealers of names, addresses, and years of birth for CAT reporting
The supervision of firms' social media influencers, generative AI, and the promotion of securities lending programs addressed in new report
The third-party risk landscape, registered index-linked securities, and extended hours trading are the new topic areas flagged
The relief touches on such areas as emergency office relocations, regulatory filings, fees, customer communications, examination windows, and more
Cycle exams found issues with enforcing a supervisory system reasonably designed to review the securities transactions in outside brokerage accounts
Three broker-dealers avoided the imposition of fines in mutual fund fee waiver cases due to their cooperation