BD Latest News

Enforcement action speaks to need to establish procedures for the handling of disclosure-related software updates
Increase in electronic trading a factor in FINRA proposing reducing the trade reporting timeframe for TRACE-eligible securities
Scheme involved placing and then, seconds before the market close, cancelling "Closing D Orders"
If approved, the amendments would extend FINRA oversight to potentially dozens of additional broker-dealers
SRO has seen an increase in the number of reps forging or falsifying customer signatures through third party digital signature platforms
Firm has paid regulators $184.5 million since 2020
Online broker's woes continue
During the SEC's investigation, Aegis Capital revised its WSPs to prohibit the firm from purchasing VSRPs for retail customers
Innovations systems
B-Ds automated surveillance system produced up to 500,000 alerts for manipulative trading per year
U.S. adults were able to grow their personal finances during the pandemic despite myriad economic disruptions
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