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BD Rules & Regulatory Actions

BMA Securities violated the rule on hundreds of occasions by failing to close out allocated fail to deliver positions
We are proposing to modernize and simplify the Securities Act integration framework for registered and exempt offerings
These SEC FAQs can help you prepare for Reg BI
The proposal could update the national market system for the collection, consolidation, and dissemination of information with respect to quotations for and transactions in stocks
More than 2,000 transactions did not contain any provisions to satisfy the Pre-Release Obligations
Rule includes an interpretation addressing the application of the portfolio reconciliation, portfolio compression, and trading relationship documentation requirements to cross-border security-based swap activities
The Commission is providing guidance regarding the application of certain uses of the terms ‘‘arranged’’ and ‘‘negotiated’’
Regulation Best Interest expressly applies to account recommendations including recommendations of securities account types
JP Morgan failed to provide available sales charge waivers in at least 58,000 transactions involving approximately 16,734 accounts
A Private Investment Fund or Privately-offered RIC should not be deemed to be "narrowly held"
The SEC claims this case is about lying, forgery, and other deceptive conduct by Alan Seidel and Benjamin Mekawy
Laws and others fraudulently induced federal employees to rollover significant funds from their federal retirement accounts into annuities
Based on Critical’s net long position, it should have tendered only 5,500 Lockheed shares and received only 3,637 Leidos shares
Based on Bluefin’s net long position, it should have tendered only 4,103,463 Lockheed shares
The Commission is adopting a recordkeeping program for SBSDs and MSBSPs
Jefferies was responsible for supervising its securities lending desk personnel .... failed reasonably to fulfill such supervisory responsibilities
"We have recognized previously that other demands on a CCO’s time may be a mitigating factor and [recognize] competing demands on" the CCO's time as ...
A jury found the defendants made false and misleading statements in the private placement offering of American Growth Funding II
The SEC announced Nov. 4 that it will extend its no-action letter for firms trying to comply with the European Union’s Markets in Financial Instruments Directive ...
The SEC proposes revising a rule that governs the publication of securities' quotations

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