Broker-Dealers

Regulatory and compliance issues for municipal advisors and dealers are on the agenda

SRO advises not to close/withdraw any existing Form BR for those locations that are or will be designated as a "residential supervisory location"

FINRA suggests broker-dealers need to make sure their IT personnel are aware of the quishing attack vector

Report stated that more consumers indicated trusting individual financial professionals than AI

Enforcement actions shine a spotlight on supervisory systems, including WSPs, and suitability requirements pertaining to excessive trading

Thrivent's supervisory system has not been reasonably designed to detect possible instances of electronic forgery or falisifcation, FINRA says

Merrill did not conduct a review of how long it took the firm's electronic order systems to process and route the orders to a market ...

SRO's insider trading detection program made 450 referrals to the SEC and other regulators last year alone

"The elimination of fixed commission rates thus raised questions for investment managers and the capital markets: for example, would managers be required by their fiduciary ...

Last summer, the SEC released a risk alert designed to help investment advisers prepare for their next DOE exam. Now, the Commission returns the favor ...