RegTech
Get the latest news and insights affecting financial regulatory technology (regtech) used for compliance and other areas.
BDs' Anti-Money Laundering Policies Fall Short: SEC
By Melanie WaddellSome broker-dealers "did not appear to devote sufficient resources, including staffing, to AML compliance," the regulator said.
July 06, 2023
Ransomware Gang Has 6M Life and Annuity Client RecordsKnown victims include Genworth, F&G and the department that oversees Medicare.
April 27, 2023
House Panel Passes E-Delivery BillThe bill requires the SEC to write a rule allowing financial firms to deliver documents in digital format.
April 26, 2023
Branch Offices Lack Policies for Protecting Client Records: SECThis failure has resulted in firms falling victim to cybersecurity and data breaches, according to an SEC risk alert.
April 13, 2023
Phishing Scams on the Rise: FINRAThere are some key ways to spot these scams to protect both clients' identities and their assets, the regulatory group points out.
March 30, 2023
Fraudulent BD Account Transfers on the Rise: FINRABad actors can use information stolen from broker-dealer clients to open new accounts at other firms, or receiving members.
March 03, 2023
Work Phones Make a ComebackFirms, especially in finance, have grown concerned about data security as the SEC and CFTC step up scrutiny.
February 10, 2023
SEC, FINRA Priorities: 7 Steps to Stay CompliantThe new lists from FINRA and the SEC are collectively longer and more involved than ever, Smarsh says.