By Jesse Fishman and Laura Holm
In Quarterly Reports on Form 10-Q, companies are required to disclose any material changes to risk factors that were included in their most recent
Continue Reading Risk Factor Considerations in the time of COVID-19
Analysis of cutting-edge securities industry issues
By Jesse Fishman and Laura Holm
In Quarterly Reports on Form 10-Q, companies are required to disclose any material changes to risk factors that were included in their most recent…
Continue Reading Risk Factor Considerations in the time of COVID-19
It is almost axiomatic that the SEC “enjoys” bringing enforcement actions against lawyers. The SEC believes that lawyers have a special duty to protect and police the securities markets, and,…
Continue Reading SEC Still Has Lawyers in its Cross-Hairs
Despite numerous warnings, some people just do not get it. The SEC barred a broker from the industry because the broker used personal email and text messages to obtain client…
Continue Reading Brokers Have To Be Reminded To Avoid Using Personal Emails and Texts
The outside business activities of registered persons have the potential for causing your firm significant liability, especially where those activities are unknown to the firm, involve firm customers and constitute…
Continue Reading What Does FINRA Rule 3270 Mean To You
At a regulator’s round table during a recent National Society of Compliance Professionals meeting, the regulators framed out those issues that are keeping them up at night. The issues include:…
Continue Reading Do You Want To Know What Keeps The Regulator Up At Night?
The Financial Industry Regulatory Authority (FINRA) recently announced that it expects to send a proposal to the SEC to make it easier for registered representatives to clear their record of…
Continue Reading Who Wants To Know What FINRA Has Planned For Your CRD?
Recently, FINRA publicized penalties against three companies and associated individuals for failing to implement adequate anti-money laundering procedures. These fines should serve as a warning to the industry as a…
Continue Reading What Broker-Dealers Need To Know About FINRA
The SEC recently announced that its top priority is to increase the number of investment adviser examinations it conducts on an annual basis. Considering that the SEC only examined 8%…
Continue Reading What Investment Advisers Need To Know About The SEC
This has been the week of scandals. With political forces, lobbyist and lots of deep pockets, our government is a breeding ground for scandals. The SEC has certainly not been…
While many brokers breathed a sigh of relief when FINRA withdrew its proposal requiring members to include a “prominent description of and link to” BrokerCheck on their websites and social…
Continue Reading So What Do You Need To Do With BrokerCheck