SEC Exam Priorities Said to Focus on Cybersecurity, Seniors in 2018
The new examination priorities list, usually released in January, would be the roadmap for OCIE activities for the year.
FINRA Slams J.P. Morgan Securities Over Background Check Failures
J.P. Morgan Securities failed to conduct “timely or adequate background checks” on 95% of non-registered associated persons.
Minnesota Securities Regulator Rothman Steps Down
Rothman to seek Minnesota Attorney General post.
Senate Appropriations Bill Gives SEC More Funds for Tech
Just-released FY2018 funding bill also includes "poison pill" riders related to CFPB's budget.
NAFA Fiduciary Case Postponed Till 5th Circuit Ruling
Postponing oral arguments provides ‘some much-needed breathing room,’ says NAFA’s Anderson.
Wall Street Has New MiFID Migraine, Now in Futures Market
Banks are seeking CFTC relief from added regulatory burdens; futures brokers are concerned that compliance could add costs.
Mortgage Lender Charged With Illegal Securities Offering: Enforcement
In other enforcement actions, a fake EDGAR filer pleads guilty to securities fraud charges.
Clayton’s SEC Cracking Down on Individuals Over Institutions
This strategy consumes more resources, but the ‘price is worth paying,’ the agency’s two top enforcers say.
FINRA Board Rife With Conflicts: PIABA
FINRA’s board "has public board members who have very deep ties to the securities industry," said the lawyers' trade group.
CFP Board to Seek More Comments on Conduct Standards
The CFP Board made "meaningful changes" after the first round of comments, Chairman Blaine Aikin said.