Supervisory failures resulted in reps making unsuitable recommendations and excessively trading accounts
The SEC's Trading & Markets Division "will not recommend enforcement action to the Commission against broker-dealers that do not treat family offices that qualify as ...
Broker-dealer compliance officers have been handed a scoresheet for preparing for SEC exams checking on compliance with Reg BI via a new statement from the ...
Largest source of revenue not detailed in retail communications over a three-year period
"Failure to have adequate written policies and procedures and failure to have adequate supervisory and compliance oversight may indicate recurring issues in complying with Regulation ...
Dissent stems from concerns about due process and the right to earn a livelihood
A broker-dealer must not allow payment for order flow to interfere with its efforts to obtain best execution
Jay Clayton
While CAT has been firmly established as an operational regulatory reporting system, 2021 will be another important year of milestones for CAT, with transaction reporting, ...
Scheme involved investments in purported consumer debt portfolios
Hester Peirce
I am not convinced, however, that these protections are adequate given the potentially high stakes of any conditions or restrictions for the viability of a ...

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