Books and Records

Penalties top $5 billion, Grewal seeks 'three e's'

The SEC charged 10 firms for widespread and longstanding failures to maintain and preserve electronic communications

SEC Enforcement Director reminds that there are "real benefits to self-reporting, remediating and cooperating"

Using their personal devices, these employees communicated both internally and externally by personal text messages, or other text messaging platforms such as WhatsApp and GroupMe ...

CGMI willfully violated the recordkeeping requirements of Section 17(a) of the Exchange Act and Rule 17a-3 thereunder, which require broker-dealers to make and keep current ...

Citigroup Global has agreed to pay a $2.9M penalty for recordkeeping failures tied to expenses incurred with underwriting business

The 660-page final rule includes six new Advisers Act rules and two modifications to existing rules

This is the SEC's proposed changes to the books and records rule amid its replacement of the custody rule

'This is the new SEC hunting ground. And we all know why—because they can extract great revenues from it. And it’s an easy kill,' says ...

"Widespread and longstanding" e-communications retention failures result in SEC charges against 10 broker-dealers and a dual registrant