Trading Suspensions — The Causes and Effects
The Securities and Exchange Commission (“SEC”) recently released an investor bulletin to educate investors about trading suspensions…
The Securities and Exchange Commission (“SEC”) recently released an investor bulletin to educate investors about trading suspensions…
Deloitte Touche Tohmatsu LLC, commonly referred to as Deloitte Japan, has agreed to pay $2 million in settlement charges to the Securities and Exchange Commission (“SEC”) for violating the SEC’s auditor independence rules. According to the SEC, Deloitte Japan…
Trouble regarding initial coin offerings (ICOs) and cryptocurrencies continues to occupy a significant place in our industry’s spotlight. In late February, the Securities and Exchange Commission’s enforcement branch charged Gladius Network LLC with conducting an unregistered initial coin offering…
On January 22, 2019, the Financial Industry Regulatory Authority (FINRA) released its Annual Risk Monitoring and Examinations Priorities Letter, which outlined its focus areas for broker-dealer examinations in 2019. While many of these areas are carried over from the…
The SEC’s Division of Enforcement continues its efforts to protect retail investors, gaining reparations for victimized investors in an action against yet another Ponzi scheme. At the end of January, the Securities and Exchange Commission (SEC) announced that the…
Michelle L. Jacko wrote the article titled Tips on How to Prepare For Your Next Examination: Part 1 which was published in the National Society of Compliance Professionals (NSCP) Currents’ March, 2019 issue. … Read More
Cybersecurity and information security protocols have become industry-wide priorities, both to the regulatory bodies that oversee our business practices and to the customers who trust that firms’ policies and procedures are up-to-date and robust. This same principle extends also…
The statement that appears atop the Securities and Exchange Commission (“SEC”) website reads as follows: “The Securities and Exchange Commission is currently open, fully staffed and focused on our mission. With a short-term Continuing Resolution signed into place, all…
Information technology continues to provide amazing benefits to our industry, but it also brings with it a number of risks when it comes to compliance. Changes in the way mobile and personally owned devices are being utilized for business…
In a long-awaited development, the SEC has adopted its final rule “requiring companies to disclose, in proxy or information statements for the election of directors, any practices or policies allowing employees or directors to engage in certain hedging transactions…