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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.
FINRA action is aimed at strengthening rule 3240's general prohibition against borrowing and lending arrangements between registered persons and their customers
FINRA report analyzes potential applications, use cases, challenges, and regulatory considerations for brokerage firms concerning metaverse developments
SEC chairman covered developments in equity market structure, central clearing, short selling, and digital engagement practices
Securities and Exchange Commission, SEC, Building in Washington DC. The SEC regulates stocks and bonds and related financial activities.
Grewal oversaw more than 2,400 enforcement actions resulting in orders for more than $20 billion in disgorgement and penalties
Examiners looking to determine what kinds of controls firms had in place to ensure that data and information provided to publishers are accurate
SEC enforcement actions demonstrate how seriously the Commission takes barriers to the reporting of information to the agency
Commissioners Peirce and Uyeda question unnecessary redactions of final award determinations in the name of whistleblower confidentiality
The SEC charged the spoofing scheme was orchestrated by the then-head of TD Securities Treasuries' trading desk
The shift to T+1 "has provided the appropriate balance between increasing efficiencies and mitigating risk for the industry," reports says
The latest SEC off-channel communications cases involving an IA and a B-D have set a new fine floor: no civil penalty
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