Failure to Comply with Custody and Books and Records Rules and for Failure to Adopt Appropriate Written Policies and Procedures

For the third consecutive quarter, the Security Exchange Commission has filed charges of excessive trading. On December 6, the SEC announced that it had charged two New York-based broker-dealer representatives,... [...]

FINRA recently released Regulatory Notice 17-37 regarding the SEC’s approval of pay-to-play and related recordkeeping rules for Capital Acquisition Brokers (“CABs”). CABs can be defined as member firms that advise... [...]

New FINRA Requirements for Registered Individuals The Securities and Exchange Commission (SEC) has approved a new set of rules proposed by the Financial Industry Regulatory Authority (FINRA), set forth in... [...]