Failure to supervise

OCIE staff intends to conduct examinations of registered investment advisers that employ or contract with supervised persons that have a history of disciplinary events. These ...

Initially signaled back in January in its 2016 exam priorities letter, the SEC’s Office of Compliance Inspections and Examinations confirmed Sept.12 that it will examine ...

FINRA fined Ameriprise Financial Services $850,000 on Sept. 14 for failing to detect the conversion of more than $370,000 from five customer brokerage accounts by ...

Repeated swap reporting violations by Deutsche Bank AG have led the firm and the CFTC to seek the intervention of a Court-appointed monitor to ensure ...

You can pull this one out of your files when you find the need to drive home the point that it’s wise to heed multiple ...

It’s been nearly two years in the making but FINRA is now moving on proposed amendments and new rules tied to gifts, gratuities and non-cash ...

FINRA has fined Barclays Capital $1.3 million for “systemic” Order Audit Trail System reporting violations. The SRO discovered 15 system issues at the firm that ...

Barclays failed to implement and maintain adequate systems for reconciling invoices from exchange clearinghouses with the amounts of fees actually charged to its customers through ...

A CFTC staff advisory released July 25 clarifies that additional supervisory reporting and consultative relationships for CCOs of swap dealers, major swap participants, and futures ...

Over a hundred opportunities to catch forged annuity withdrawal requests ultimately fell by the wayside for Prudential Annuities Distributors, leading to the theft of $1.3 ...