Broker-Dealers

Two SEC commissioners last week strongly noted their opposition to the MSRB's recent directive about underwriters' obligations to issuers, saying that an adequate cost-benefit analysis ...

The Treasury Department's Financial Crimes Enforcement Network says it will offer a webinar, probably in mid-June, for financial institution employees and compliance professionals with Bank ...

It looks like FINRA will narrow the category of individuals who can be a public arbitrator (those individuals who sit on FINRA arbitration panels who ...

To help ensure proper supervision of private placements, your supervisory procedures must explain in detail how private placement due diligence is conducted, by whom it's ...

Make sure your firm has a supervisory system to prevent reps from marketing and selling to non-accredited investors those products specifically designed for accredited investors. ...

If you underwrite municipal securities, regulators will expect you to provide the issuer more comprehensive disclosures than you have in the past, thanks to a ...

FINRA is having second thoughts about its plan to eliminate guidance that says 5% is generally too high a commission to charge for equity securities ...

To keep tabs on your reps' personal trading, focus on things such as watch lists, holding periods, and possible front-running, suggests Carol Beckett, compliance manager ...

FINRA Board Member Joel Blumenschein has stepped down from that position in the wake of disclosures that the self-regulatory organization last month suspended him from ...

If you're responsible for arranging the independent test of your firm's anti-money laundering program, make sure that test scrutinizes what's happening in your firm's different ...