Recent Posts by admin

SEC Charges Goldman Sachs $15 Million Penalty for Violations

The Securities and Exchange Commission (SEC) announced that Goldman, Sachs & Co. agreed to pay the $15 million penalty to settle charges that its securities lending practices violated Rule 203(b)(1) of Regulation SHO and Section 17(a) of the Securities Exchange Act. 

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SEC Announces 2016 Exam Priorities

Jan 11, 2016, the Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission (SEC) published examination priorities for 2016.

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FINRA Announces 2016 Priorities, Plans to Focus on Firm Culture

The Financial Industry Regulatory Authority Inc. (FINRA) highlighted a firm’s culture of compliance as being of utmost importance in the regulator’s 2016 annual examinations letter released on Tuesday.

"A firm's culture is both an input to and product of its supervisory system, including its approaches to identifying and managing conflicts of interest and ensuring the ethical treatment of customers," FINRA explained in its annual letter to members.  

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FPA Says Financial Advisor Software Essential

[14-April 2011] -- THE Financial Planning Association (FPA) claims its survey of more than 330 Financial Advisors found most firms do not use Financial Advisor Software.

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