Broker-Dealers

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

"Starting at the end of 2025, the final rules mandate that clearinghouses require their members clear any Treasury cash trades executed on an inter-dealer broker ...

ACP Securities didn't disclose employee's disciplinary history, FINRA claims

A FINRA examination of Morgan Stanley’s compliance with the market access rule has triggered an enforcement action tied to the firm’s failure to conduct reasonable ...

Paulson filed a SAR in which the narrative stated that in reviewing a request to approve margin trading for a client’s account. However, failed to ...

The didn't contain the information as required by FinCEN, such as the “five essential elements”—namely the “who, what, when, where, and why” of the suspicious ...

This SAR narrative failed to include all of the information required by FinCEN, including the time-frame of the suspicious trades; details about the trading, such ...

Broker-dealers typically have trade surveillance and asset movement surveillance functions within their compliance structure