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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.
SEC cited misleading disclosures tied to work with activist short publishers who issued articles presenting bearish views of target securities
Enforcement actions shine a spotlight on supervisory systems, including WSPs, and suitability requirements pertaining to excessive trading
Thrivent's supervisory system has not been reasonably designed to detect possible instances of electronic forgery or falisifcation, FINRA says
Merrill did not conduct a review of how long it took the firm's electronic order systems to process and route the orders to a market ...
SRO's insider trading detection program made 450 referrals to the SEC and other regulators last year alone
SEC Enforcement Director calls out the true, tangible benefits for parties that cooperate with Commission investigations
Reps identified as "high risk" represent about a fraction of one percent of the entire population
FINRA's new residential supervision and remote inspections pilot program rules do not require firms to bring their workforce back to the office full time
'Major event' officially becomes operative on Tuesday, May 28, the day after Memorial Day
Three trade associations, concerned about the impact on private fund managers, argue the the dealer rule is so overbroad that it should be vacated
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