News & Analysis as of

Software Financial Industry Regulatory Authority (FINRA)

Orrick, Herrington & Sutcliffe LLP

FINRA publishes alert on critical software vulnerability

Recently, FINRA issued a cybersecurity alert bulletin to all member firms regarding a critical vulnerability within a software company’s transfer software, specifically affecting its Secure File Transfer Protocol module. The...more

Bracewell LLP

Personal Devices and Messaging Platforms in the Workplace: Tips, Tactics and Best Practices for In-House Counsel

Bracewell LLP on

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

Dechert LLP

Artificial Intelligence: Legal and Regulatory Issues for Financial Institutions

Dechert LLP on

Over the last six months, artificial intelligence (AI) has captured the public imagination in a way it never has before. A new generation of AI-powered language models make use of a deep learning architecture known as a...more

Lowenstein Sandler LLP

FINRA Issues Update on Option Account Sweep

Lowenstein Sandler LLP on

FINRA has provided an update on its targeted exam sweep related to option account opening, supervision, and disclosure (the Update). While the sweep is ongoing, FINRA’s recent release serves as a helpful reminder for...more

Skadden, Arps, Slate, Meagher & Flom LLP

"FINRA Provides Guidance on Effective Supervision and Control Practices for Firms Engaging in Algorithmic Trading Strategies"

The Financial Industry Regulatory Authority (“FINRA”) issued a regulatory notice (the “Notice”) in March 2015 that provides guidance on effective supervision and control practices for firms engaging in algorithmic trading...more

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