Dual Registrants

Emily Gordy spent 27 years as a financial regulator, most recently as FINRA’s senior vice president of enforcement before joining Shulman Rogers Gandal in Potomac, ...

Broker-dealers must supervise private securities transactions where the rep is compensated, under FINRA rules. They also must record the transactions on their books and records. ...

It’s no secret that FINRA takes very seriously private securities transactions by personnel affiliated with broker-dealers (IA Watch, March 4, 2015). Recently, it has been ...

Another former SEC staffer is heading to FINRA (IA Watch, May 7, 2013). The SRO is taking steps to improve how it analyzes and uses ...

Dan Haynes, CCO of Buckingham Asset Management ($5.83 billion AUM) in St. Louis, does an inspection of each of the firm’s five branches every year, ...

Continued AML program failures have now ratcheted up the penalties imposed on Oppenheimer & Co. tenfold. The New York-based dual registrant will pay a total ...

Like a congressional election, the SEC’s extension of temporary Investment Advisers Act rule 206(3)-3T – which permits dually-registered firms to comply with requirements when acting ...

A case from this past summer against SunTrust Investment Services ($9.5B in AUM) in Atlanta stands out as unusual because the dual-registrant settled FINRA charges ...

If you supervise branch offices and want to be certain you’re doing it right, act like a FINRA examiner. The SRO’s interest in branch office ...

This letter, from the SEC's Los Angeles Regional Office, went to a broker-dealer in 2014. This letter features an unusual table of data that examiners ...