A failure to preserve 14,000 records led to a $30,000 FINRA fine
The errors in LPL’s EBS submissions were caused, in large part, by coding issues in LPL’s and/or its vendors’ EBS reporting systems
Wells Fargo self-identified and self-reported all but one of the errors that underly this Order, including five that were self-reported prior to any regulatory inquiry ...
The Commission adopted amendments requiring the electronic filing, submission, or posting of certain forms, filings, and other submissions
A change impacts the timing of follow up with firms on exam findings that were not highly material
SogoTrade’s independent AML auditor identified recurring weaknesses in SogoTrade’s AML program, which it repeated in each of its annual reports
FINRA charged B-D for utilizing 400 influencers that posted social media communications that "were not fair and balanced"
FINRA enforcement actions, exam sweep letters, SRO updates on sweeps and prior regulatory notices all serve as resources concerning influencers
The SEC cautions that SARs must contain "a clear, complete, and concise description of the activity, including what was unusual or irregular that caused suspicion"
New York-based broker-dealer permitted foreign individuals to conduct a securities business using its systems when they weren't registered with FINRA