Hugh Kennedy
When senior SEC officials call out the critical importance of broker-dealers’ anti-money laundering programs it’s time to pay attention. This time the message was delivered ...
For the first time in 10 years, the Treasury Department has released anti-money laundering and terrorist financing risk assessments. On June 12, Treasury published its ...
The price for hiding serious conflicts of interest from clients has proven high for PageOne Financial and its sole owner and principal Edgar Page. On ...
The SEC has previously stated that one of the most critical rules under the Investment Advisers Act is 206(4)-2—the custody rule. This opinion hasn’t changed ...
Five years after the latest amendments to the SEC’s custody rule, many questions about it persist. IA Watch’s May 19 custody webinar—counting more than 700 ...
A highlight of FINRA’s annual spring conference is when firms get a chance to turn the tables on top officials of the SRO and ask ...
More and more regulators are mandating that firms in trouble hire independent consultants to address supervisory and compliance shortcomings. IA Watch recently spoke with several ...
FINRA has finally moved on a rule revision ultimately aimed at increasing investors’ awareness and access to BrokerCheck. On May 27, the SRO filed the ...
The drain of investor funds was surprisingly swift. After wiring funds to brokerage accounts under the auspices of buying stock in well-known companies or supposed ...
The debate carries on despite FINRA not actively pursuing the issue: Should the SRO take on examinations of investment advisers? The latest champion for the ...