Broker-Dealers

Firm failed to establish and maintain a supervisory system, including WSPs, to achieve compliance with Reg BI

FINRA identifies findings tied to failures to comply with the Reg BI compliance obligation

This is a copy of an SEC document request letter sent to a dual registrant

One of FINRA's lengthier regulatory notices exemplifies the importance the association places on succession planning

Firm charged by FINRA with failing to tailor its AML program to reasonably monitor for and report suspicious activity

The association is pushing back on the proposed allocation of two-thirds of the costs of the Consolidated Audit Trail to industry members

He engaged in "a pattern of high cost, in-and-out trading without any reasonable basis to believe that his recommendations were suitable for anyone"

SEC's Division of Examinations intends to incorporate performance with Reg BI into retail-focused exams of broker-dealers

Over a three-year period, firm experienced five cyber events but didn't file SARs

The Division encourages broker-dealers to review their practices, policies, and procedures with respect to Regulation Best Interest in order to address the issues raised in ...