ENTRIES BY Marianna Shafir Esq.
SEC’s New Investment Adviser Marketing Rule
The SEC has finalized the Advertising Rule (206(4)-1) under the Investment Advisers Act to modernize rules that govern investment adviser ads and payments to solicitors.
Email Archiving: The Broker-Dealer’s First Line of Defense With Regulatory Penalties
Broker-dealers can avoid being penalized by regulators if they can demonstrate that they are proactively and sufficiently capturing and monitoring emails.
‘Tis the Season for Regulatory Enforcement
Recap of the latest OCIE risk alert, focusing on common violations to the “Compliance Rule,” and FINRA enforcement actions against firms and individual brokers.
Firms Use Archived Email as Evidence to Avoid Penalties
Recent FINRA actions against individual brokers who were not compliant with recordkeeping and supervision obligations, as evidenced through archived emails.
FCA Director Says Recordkeeping Regulatory Obligations Unchanged During Pandemic
Financial services organizations in the UK must continue to prioritize the compliant capture, storage and oversight of new content channels.