Federal regulators have cracked down on the use of texts messages and messaging platforms for business communications, using their broad authority to root out record retention violations, resulting in significant fines and...more
10/20/2023
/ Broker-Dealer ,
CFTC ,
Compliance ,
Email ,
Enforcement Actions ,
FERC ,
Financial Industry Regulatory Authority (FINRA) ,
Fines ,
Insider Trading ,
Instant Messaging Apps ,
Investment Adviser ,
Mobile Devices ,
Multi-Factor Authentication ,
Policies and Procedures ,
Record Retention ,
Regular Business Communications ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
Software ,
Text Messages
On February 7, 2018, the Office of Compliance Inspections and Examinations (“OCIE”) of the U.S. Securities and Exchange Commission (“SEC”) published its 2018 examination priorities. OCIE’s examination priorities are...more
2/13/2018
/ Anti-Money Laundering ,
Banking Sector ,
Broker-Dealer ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
MSRB ,
Municipal Advisers ,
OCIE ,
Policies and Procedures ,
Qualification Standards ,
Securities and Exchange Commission (SEC)
On January 17, 2017, the U.S. Court of Appeals for the D.C. Circuit vacated in part a Securities and Exchange Commission (SEC) order that imposed a collateral bar against Gregory Bartko, the former CEO and chief compliance...more
2/28/2017
/ Broker-Dealer ,
CEOs ,
Collateral Bars ,
Criminal Conspiracy ,
Criminal Convictions ,
Dodd-Frank ,
Enforcement Actions ,
Mail Fraud ,
Retroactive Application ,
Sanction Suspensions ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Unregistered Securities ,
Vacated