Understanding OBAs: Compliance Insight on Outside Business Activities

Outside Business Activities are on the regulatory radar. 2021 saw FINRA issue several fines and sanctions to brokers for activities ranging from doing unreported notary work to setting up firms to fund small businesses. FINRA’s recently released 2022 Report on Examination & Risk Monitoring includes adjustments to rules for reporting and supervision of outside business activity.

Read More

Books and Records in the Regulatory Spotlight

With recent enforcement actions reflecting the Gensler administration’s priority on books and records, can your firm's  audit trail stand up to regulatory scrutiny?

Read More

Minimizing the Risk of CCO Liability

Recent enforcement actions have made it clear that Chief Compliance Officers are at risk of personal exposure if regulatory violations happen under their watch­. The New York City Bar Association recently released a report calling on financial regulators including the SEC and FINRA to adopt a comprehensive and analytical framework for holding CCOs personally liable for violations. 

Read More

Conduct, Compliance and Ethics in Capital Markets

For capital markets firms, managing risk and compliance is as essential as managing investments and operations. And reactively managing risk isn't enough. Firms need to take a proactive approach that requires both updated processes and technology plus access to data.

Read More

Diving Into Crypto Regulation

Regulators worldwide have stepped up their oversight of crypto activities, and have sent strong indicators that tighter regulation and enforcement is coming.  What does this mean for Financial Services firms?

Read More