"Effective practices" highlighted for incident preparation and response, the reporting of cyber incidents, and available resources and contact information
Credit Suisse Securities (USA) and two affiliates to pay over $10M to settle SEC charges that they provided prohibited underwriting and advising services to mutual ...
Four broker-dealers were charged by FINRA with violations relating to fully paid securities lending
"The final rules also will allow for customer margin collected by broker-dealers to be onward posted to the clearinghouse. Allowing such rehypothecation helps both protect ...
Examiners are looking to determine whether P&Ps are "reasonably designed" based on the costs, risks, and rewards of the investment strategies recommended to customers
Smaller firms comprise 90% of FINRA’s membership—posing unique challenges for the SRO when it crafts its rules
FINRA is in the throes of developing an online, centralized content catalog that broker-dealers can optionally leverage to administer education and training for their continuing ...
Violations of Reg BI's care and compliance obligations led to SEC charges against the London-based Laidlaw & Co. (UK)
Although Laidlaw had monitoring procedures to detect potential violations by reps of the quantitative prong of the Care Obligation, Laidlaw did not reasonably maintain and ...
Respondents employed a strategy of taking quick profits on part of a particular securities position resulting in frequent trade recommendations in these accounts .... As ...