Blog

It was the best of times it was the most regulated of times…

3120

While the FINRA Exam Priorities letter will not be nominated for the Man Booker award or a Pulitzer, it should at least get credit for consistency.  There are the recurring themes one would expect to find in any string of sequels (Fraud, AML, Liquidity, Suitability, Market Manipulation), the introduction of...

Read More

Upon Further Review: Expense-Sharing Highlights and Recap

This time of year, it is common practice for broker-dealers (“BDs”) to take a close look at their financials as they gear up for another annual audit and also review any expense-sharing agreements (“ESA”) they have in place. We are in the last seconds of the game, team, and its...

Read More

Securities Regulators Constantly Evaluate the Allocation of their Resources

compliance associate

Just as investment advisers implement an asset allocation strategy to benefit their clients, securities regulators must allocate their assets and resources effectively to protect investors. The SEC said recently that because it has limited resources, the Commission must set priorities and will pursue the most serious threats to investors and...

Read More

SEC Announces Initiative to Fight Cyber Threats and Protect Retail Investors

cybersecurity

On October 26, 2017, Stephanie Avakian, Co-Director of the SEC’s Enforcement Division, gave a speech which discussed the Commission’s initiative related to retail investor protection and cybersecurity. The speech gave an overview of how the SEC is allocating resources to further address two of its more critical priorities, protecting retail...

Read More