Firm to Pay $3.75 Million Fine for Failing to Store Emails in Proper Format

Barclays Capital Inc. self-reported to FINRA that it failed to preserve electronic business-related records in non-rewritable, non-erasable format (also referred to as “Write-Once, Read-Many” or “WORM” format). Specifically, Barclays reported... [...]

Without proper preparation and an adequate compliance program, the National Futures Association (NFA) Exam can be burdensome and lead to NFA disciplinary action. Beginning in 2013, many investment advisers to... [...]

If you are interested in seeing what the SEC’s Exam Priorities are for 2014, please click here to download their letter. Red Oak can help you prepare and respond to... [...]

We believe many states are finding deficiencies similar to what the Texas State Securities Board’s (“TSSB”) has published in their newsletter, “Texas Regulatory Review”. The TSSB’s recent publication offers insights... [...]

Time to get ready for a new era of examination for those Investment Advisers that have been deemed lower risk. Today the Securities and Exchange Commission announced that it is... [...]

FINRA is currently accepting comments on a purposed rule to add a CARDS data reporting system requirement for all broker dealers so that FINRA can have access to more client... [...]