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Hugh Kennedy

Hugh has 35 years of expertise in the financial services industry, with publishing and legal research experience spanning the public company, investment adviser, broker-dealer, credit union and banking industries. As a senior-level manager, award-winning writer and conference speaker, he has covered key issues stemming from the Securities and Exchange Commission, Commodity Futures Trading Commission, Department of Labor, Public Company Accounting Oversight Board, NCUA, banking agencies, Capitol Hill, NASAA and other regulators. He has developed and created a number of new publications, online databases and value-added portals serving the needs of financial industry professionals.
The third-party risk landscape, registered index-linked securities, and extended hours trading are the new topic areas flagged
The relief touches on such areas as emergency office relocations, regulatory filings, fees, customer communications, examination windows, and more
Cycle exams found issues with enforcing a supervisory system reasonably designed to review the securities transactions in outside brokerage accounts
The SEC announced that it brought 200 enforcement actions in the first quarter of the Commission's 2025 fiscal year
Waiting to address known vulnerabilities could have negatively impacted clients' investment returns
Mission is to develop a comprehensive and clear regulatory framework for crypto assets
The FAQs address the adoption of the 80% investment policy, tax-exempt funds, and specific terms commonly used in fund names
Three broker-dealers avoided the imposition of fines in mutual fund fee waiver cases due to their cooperation
In part, the proposed amendments are aimed at improving the regulation of underwriting compensation
FINRA charged firm with failing to detect customers with cash accounts who engaged in free-riding in options and issued options
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