Regulators have long looked skeptically at registered reps using professional designations that suggest special expertise in working with senior investors. But if you are careful, ...
Between crowdfunding portals and slimmed-down rule books for specialized brokers, FINRA has been easing regulations related to capital-raising. And more may be on the way. ...
Everyone is bracing for a cyber-attack. But what do you do when the unthinkable happens? Is your incident response team ready to roll? Who do ...
Thinking about hiring a high-risk broker? You may want to think again. Already the top-listed item in its 2017 annual priorities letter, FINRA continues to ...
The threat of a cyber attack is clear (BD Watch, July 27, 2017). Regulators’ expectations? Not so pristine. Both FINRA and the SEC, for example, ...
The SEC’s ReTIRE initiative and the work of the Commission’s broker-dealer task force is continuing to bear fruit—this time in the form of another enforcement ...
Consolidation is the hallmark of two recent actions taken by FINRA. The first will ease reporting burdens and compliance costs for broker-dealers, while the impact ...
We have often recounted the painful downside of inadequate AML systems (BD Watch, March 16, 2017). Here’s a little good news in the form of ...
For all the chatter about cybersecurity, industry practices are still falling short. Take access management. Firms, big and small, continue to struggle “even ...
FINRA is sinking a lot of time and effort into a review of its operations, from the rulemaking process to how it engages with the ...