SEC's and CFTC's Enforcement Actions Against Multiple Firms -
In its continued pursuit of rooting out and penalizing broker-dealers and investment advisers for their failure to prevent unapproved communication methods, the...more
8/28/2024
/ Broker-Dealer ,
CFTC ,
Electronic Communications ,
Enforcement Actions ,
Financial Institutions ,
Investment Adviser ,
Noncompliance ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Text Messages ,
WhatsApp
Showcasing its shadow trading theory in a case of first impression, the U.S. Securities and Exchange Commission (SEC) secured a favorable verdict in a closely watched case. After hearing testimony over eight days of trial, a...more
On March 15, 2023, the United States Securities and Exchange Commission (“SEC”) proposed amendments to Regulation S-P that, if finalized, would place additional burdens on covered institutions when it comes to handling...more