Is Your Technology Ready for an Audit?
When it's time to face a regulatory audit, you can expect it will involve a lot of work: reviewing your firm's adherence to regulatory rules, producing any number of documents and reports, evaluating the procedures and processes followed, and ultimately identifying potential risk areas.
Nasdaq to Pay SEC $10M Over Botched Facebook IPO
The SEC on Wednesday charged Nasdaq with violations resulting from “poor systems and decision-making” during the IPO and secondary trading of Facebook shares.
All For One and One For All: What RIA Roll-Ups Can Teach All Advisors
Call them what you will—consolidators, holding firms or roll-ups—but these acquirers are showing the way by consolidating operations and achieving greater transparency.