Home Broker-Dealers


The rule would impose supervisory responsibilities on many firms for the first time
SG Americas will pay a $3.1M fine for inaccurate blue sheets
The Commission’s risk assessment program will continue to focus on those broker-dealers and affiliates that conduct a substantial securities business and thus are in a ...
Tannen negligently disregarded that the Brokers would be conducting unauthorized trades in these customer accounts. Tannen was compensated $20,000 for his actions
A Massachusetts broker-dealer and its top salesman will each pay $50,000 to settle SEC claims that they misled investors on their ability to execute sophisticated, ...
New order updates filing threshold for first time in nearly 30 years
The B-D violated the provision prohibiting lending shares to settle sale orders marked "long"
BNPP was aware of red flags that indicated that the Hedge Fund might not be able to deliver sufficient shares
SRO reveals current enforcement, examination and rulemaking priorities
The SEC has filed a lawsuit against a long-time broker-dealer, alleging that he pilfered nearly $1 million from elder clients—one of them a World War ...
FINRA would like to see firms consider the practices identified
The firm's compliance department knew it had monitoring issues
The SRO issued $39.5M in fines to B-Ds last year
A routine FINRA cycle exam uncovered the issues
The attorney for a former compliance officer at an upstate New York broker-dealer is claiming vindication for his client after state regulators in Massachusetts filed ...
Senior investor issues have been a FINRA exam priority in every one of the SRO’s annual priorities letters since 2014. Its Risk Monitoring and Examination ...
GPB Capital ...carefully constructed the narrative that unlike a traditional risky private placement, where an investor places chips on a roulette table hoping for a ...
The SEC issues a slight correction of its swap recordkeeping rule for B-Ds
FINRA addresses question of Reg BI 'material change'
This is an example of a 4-page Form CRS for a dual registrant

Copyright PEI Media

Not for publication, email or dissemination