Broker-Dealers

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

In an era of political sanctions, risks aren't hypothetical, but they are exponential

Industry group seeks a 60-day comment period extension of the SEC's proposal on conflicts tied to the use of predictive data analytics

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

The SRO details some themes in crypto-related violations of FINRA rules being seen

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

Tempting (and fraught) market beckons

The alert zeroes in on independent testing, training, and the identification and verification of customers and their beneficial owners

SEC's Division of Examinations flags weaknesses Commission examiners have seen in OFAC compliance programs

The Reg D offerings were conducted without the firm having established pre-existing, substantive relationships with 45 prospective investors