Broker-Dealers

This is an SEC final rule from 2024 that could force some firms to register as dealers

SEC Chairman welcomes the coming change to the "market plumbing" of clearance and settlement

Broker-dealer didn't regularly review, assess, or update keywords used by the firm to flag e-mails for review

'Reasonable basis' standard still leaves open questions

A FINRA review of more than 500 crypto-asset related retail communications identified "potential violations" in 70% of the communications

Cryptocurrency has found its way onto both the SEC's and FINRA's list of 2024 focus areas

Firms are falling short of the mark in establishing, maintaining, and enforcing a supervisory system tied to OBAs

This SEC final rule amends the broker-dealer customer protection rule to permit margin required and on deposit with covered clearing agencies for U.S. Treasuries to ...

Topics flagged as "new for 2024" include crypto, OTC quotations in fixed income securities, advertised volume and the market access rule

FINRA is actively conducting risk-based reviews of firms' practices tied to off-channel communications