Insider trading is a front-and-center issue for the SEC, and consequently must be for financial services firms as well. The SEC included misuse of material non-public information (MNPI) on its list of 2022 exam priorities for...more
5/11/2022
/ Bank Secrecy Act ,
Broker-Dealer ,
Enforcement Priorities ,
Financial Institutions ,
FinCEN ,
Insider Trading ,
Material Nonpublic Information ,
Risk Alert ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Suspicious Activity Reports (SARs)
The SEC’s Office of Compliance and Examinations (OCIE) issued a risk alert on July 10 about its observation of an apparent increase in sophistication of ransomware attacks on SEC registrants, including broker-dealers,...more
7/17/2020
/ Corporate Counsel ,
Cyber Attacks ,
Cybersecurity Information Sharing Act (CISA) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Malware ,
OCIE ,
Publicly-Traded Companies ,
Ransomware ,
Risk Alert ,
Risk Management ,
Securities and Exchange Commission (SEC)
A recent Securities and Exchange Commission (“SEC”) order imposed sanctions on a financial institution for failing to reasonably supervise a representative’s conduct. In its findings, the SEC highlights the institution’s...more
4/15/2019
/ Best Practices ,
Broker-Dealer ,
Financial Institutions ,
Investigations ,
Investment Adviser ,
Policies and Procedures ,
Professional Misconduct ,
Registered Representatives ,
Rule 10b-5 ,
Securities Act ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Violations