FINRA’s 2016 Examination Priorities and Technology
Written by Don Lee FINRA has published its Annual Examination Priorities letter for 2016. This is an annual letter for all FINRA […]
Are you effectively monitoring your trade desk?
Written by Don Lee Today Morgan Stanley agreed to pay $8.8 Million to settle charges for prearranged trading or “parking” that favored […]
KYC Red Flag Automation
Written by Don Lee Fidelity Investments was fined $500,000 by FINRA and ordered to pay $530,000 in restitution to clients for not […]
How much does your firm spend on Compliance … is it enough?
Written by Don Lee Is your firm spending enough on compliance? That has been one of the main questions over the last […]
FinCEN’s $1 Million Fine Against CCO and Personal Liability
Written by Don Lee In December of 2014, FINCEN fined MoneyGram’s then Chief Compliance Officer Thomas Haider $1 Million as a civil […]
OFAC Enforcement and the monitoring of IP addresses
Written by Don Lee I read through OFAC’s Enforcement Information for November (https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20151124_Barracuda.pdf) and found this interesting and a different twist to […]
Compliance Officers and Personal Liability Report and What Compliance Officers Can Do.
Written by Don Lee Are you a compliance officer feeling threatened with increased personal risk, you’re not alone. Thomson Reuters recently published the […]
Managing Conflicts of Interest across BD and RIAs
Written by Don Lee Many BD firms are expanding their business in the shrinking BD market to the Investment Advisory space. The […]