Hugh Kennedy
Investment advisers failing to disclose loans from broker-dealers to their clients are squarely in the crosshairs of the SEC’s exam and enforcement staffs. This message ...
Over a hundred opportunities to catch forged annuity withdrawal requests ultimately fell by the wayside for Prudential Annuities Distributors, leading to the theft of $1.3 ...
A cadre of Democratic senators, including Elizabeth Warren (D-Mass.) and Bernie Sanders (D-Vt.), has asked SEC Chair Mary Jo White to consider having the Commission ...
For the first time, broker-dealers would be required to disclose their handling of institutional orders to customers should proposed rules approved July 13 by the ...
The SEC’s use of in-house administrative law judges has grown ever controversial and has led to increasing legal challenges as to constitutionality (see related story). ...
The same week that the SEC approved amendments to its rules of practice governing administrative proceedings (see related story), a Commission administrative law judge barred ...
The trend of large brokerage firms being fined for incomplete “blue sheet” submissions continues. Last week, it was FINRA who fined Deutsche Bank $6 million ...
An SEC Commissioner has charged that the agency’s delay in issuing a proposal to shorten the trade settlement cycle from three business days after a ...
For a third consecutive year, cybersecurity remains the hottest compliance topic among investment advisers. Nearly 9 out of 10 IAs regard the safeguarding of critical information ...
FINRA has fined Deutsche Bank Securities a record $6 million for failing to provide timely, complete and accurate “blue sheets” trade data in an automated ...