In the securities industry, regulators like to say that the compliance professionals are their “partners.” But every so often, those regulators charge one of their compliance partners with rule violations. The compliance...more
3/23/2022
/ Chief Compliance Officers ,
Compliance Management Systems ,
Cooperative Compliance Regime ,
Corporate Management ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Lead Supervisory Authority ,
Personal Liability ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations
The SEC recently announced the creation of the Event and Emerging Risks Examination Team (“EERT”) in its Office of Compliance Inspections and Examinations (“OCIE”). ...more
After markets closed on Friday the 13th, the U.S. Department of Justice (“DOJ”) announced an $864 million settlement regarding Moody’s credit ratings of residential mortgage-backed securities (“RMBS”) and collateralized debt...more
1/19/2017
/ Civil Monetary Penalty ,
Collateralized Debt Obligations ,
Cooperative Compliance Regime ,
Credit Rating Agencies ,
Credit Ratings ,
Department of Justice (DOJ) ,
Financial Crisis ,
Financial Institutions ,
Financial Markets ,
FIRREA ,
Moody's ,
Rating Agencies ,
RMBS ,
Securities ,
Securities Violations ,
Settlement