Has the annual compliance meeting outlived its usefulness? Some of your peers think so, and FINRA itself may be open to reconsidering it. You know ...
It’s the IT equivalent of leaving your front door open to the world. The CFTC has fined the futures commission merchant AMP Global Clearing ...
Those who decry the SEC for so-called regulation through enforcement may have found a new ally. The newly-formed group New Civil Liberties Alliance has ...
Mismarking can be costly. Citigroup Global Markets has paid a $5.75 million fine for failing to supervise a group of traders who mismarked the value ...
Don’t say you weren’t warned. In early May, announcing a settlement with Fifth Third Securities over the marketing of variable annuities, a top FINRA ...
BKS Advisors had a compliance manual that included a “Block Order Allocation” policy aimed at preventing unfair trade allocations. But that policy didn’t prevent long ...
Cross trading practices inconsistent with its compliance P&Ps, regulatory compliance manual and Forms ADV have yielded SEC charges against a New York-based investment adviser. In ...
The number of FINRA-registered brokerage firms and the registered reps working for them have continued their steady decline. The sobering statistics come from the SRO’s ...
Jeffrey Davis, an Ameriprise rep based in Virginia, notified the dual registrant of the name of his outside business. Later, when Davis fraudulently sought to ...
Halloween this year brings tricks and treats – and the start of the NFA’s rule on virtual currency disclosures. October 31 is the start date ...