Books and Records

CGMI willfully violated the recordkeeping requirements of Section 17(a) of the Exchange Act and Rule 17a-3 thereunder, which require broker-dealers to make and keep current ...

Citigroup Global has agreed to pay a $2.9M penalty for recordkeeping failures tied to expenses incurred with underwriting business

The 660-page final rule includes six new Advisers Act rules and two modifications to existing rules

This is the SEC's proposed changes to the books and records rule amid its replacement of the custody rule

'This is the new SEC hunting ground. And we all know why—because they can extract great revenues from it. And it’s an easy kill,' says ...

"Widespread and longstanding" e-communications retention failures result in SEC charges against 10 broker-dealers and a dual registrant

Like the SEC, the CFTC has now imposed over $1 billion in penalties for charges tied to offline communications violations

Commission staff uncovered Respondents’ misconduct after commencing a risk-based initiative to investigate the use of off-channel and unpreserved communications at broker-dealers

Messages sent through unapproved communications methods, such as WhatsApp and other unapproved applications on personal devices, were not monitored, subject to review or archived

You have until Oct. 10th to comment on the SEC's proposal directed at AI-related technology and conflicts involving IAs and B-Ds