FINRA enforcement action demonstrates need for independent AML testing and proper identification of who is conducting the testing
Concerns expressed by both compliance and trading desk about a new account opening fell on deaf ears
The proposed expansion would add the following entities to the definition of ‘‘SCI entity’’: registered security-based swap data repositories; registered broker-dealers exceeding an asset ...
Four proposals address Regulation Best Execution, enhancing order competition, tick sizes and disclosure of order execution
FINRA group assesses impact of federal debt ceiling, regional banking crisis, rising interest rates, FTX collapse and digital assets
Form CRS surfaced undisclosed production credit fees for Merrill Lynch wrap fee program clients
The SEC proposes a new rule and form and amendments to existing recordkeeping rules to require broker-dealers, clearing agencies, major security-based swap participants, the Municipal ...
Seven-month delay in reviewing OBA request and subsequent lack of communication on disapproval decision costs B-D $180K
FINRA has issued two risk alerts in less than six months cautioning about the risks of ACATS fraud
Proponents see existential threats grow exponentially