Broker-Dealers

The Proposed Rules also would not exclude investment advisers registered under the Advisers Act. A registered investment adviser trading for its own proprietary account, for ...

Exchanges would follow 14 principles of Exchange Act Sec. 3D

Customer ID programs, SARs' filings, due diligence, and timely testing all being looked at

FINRA has developed tools that draw upon artificial intelligence, machine learning and "deep" learning to identify suspicious trading

The SEC would not look kindly on advisers that attempted to change their trading habits as a means of trying to skirt dealer registration, the ...

There are 21 focus items reflected in the 2022 Report on FINRA's Examination and Risk Management Program report

Clearing firm charged with unauthorized trading, conversion, and misuse of customer funds and securities

Rule allows FINRA to impose new obligations on B-Ds with significantly higher levels of risk-related disclosures

FINRA cautions that issues can arise when issuers don't understand the unique characteristics of complex products and their risks

The staff strongly encourages firms to eliminate or mitigate any incentive that poses a risk of causing the firm or its financial professionals to place ...