Books and Records

FINRA is looking to move on a single streamlined rule addressing the outside business activities and private securities transactions of broker-dealers’ registered persons. The SRO ...

“Advertising has been a perennial issue for us,” said Kevin Kelcourse, associate OCIE regional director in Boston, in explaining OCIE’s newest risk alert. It points ...

You’ve had 90 days to get ready for a new rule you’re likely to embrace.   The CFTC’s new recordkeeping rule takes effect Aug. 28, ...

Registrants outsourced their compliance responsibilities to Respondent Strategic Consulting Advisors, LLC (“SC Advisors”), a firm that offered compliance consulting and Chief Compliance Officer (“CCO”) services ...

The Commodity Futures Trading Commission (the “Commission”) is amending the recordkeeping obligations set forth in Commission regulations along with corresponding technical changes to certain provisions ...

Comments about the CFTC’s proposed recordkeeping rule should provide a test of the new Trump Administration’s regulatory philosophy (CPO/CTA Watch, Jan. 18, 2017). The industry’s ...

More evidence that OCIE’s wrap fee program sweep has produced results (IA Watch, Aug. 4, 2014). The dual-registrant Citigroup Global Markets settled charges of compliance ...

CGMI overcharged or caused to be overcharged at least 60,000 advisory client accounts an estimated $18 million in unauthorized advisory fees. These overcharges have since ...

In addition, the Order finds that E*TRADE Securities and E*TRADE Clearing violated CFTC Regulation 166.3 by failing to implement policies and procedures to ensure the ...

It’s difficult for regulators to keep up with change, especially in the information age. But CFTC commissioners have unanimously voted to propose updating its books ...