20 May, 2021

CCO Liability and Supervisory Obligations Under FINRA Rule 3110

Regulatory Notice 22-10 (“Notice”), released on March 17, 2022, restates one of its usually unnoticed principles. Senior management is ultimately accountable.

ESG Compliance: Climate-Related Financial Risk

Climate risk disclosure has been a major focus under the current administration.

Broker Dealer
20 May, 2021

$15 Million: The New Price of a Cut-and Paste AML Program

SEC continues to impose major fines in connection with inadequate AML compliance, citing that a cut-and-paste approach to meeting the requirements is not an option.

The New Marketing Rule (General Cheat Sheet)

The Securities and Exchange Commission (“SEC”) recently made amendments to the existing “Advertising Rule” and the “Cash Solicitation Rule” under the “Advisers Act.”

20 May, 2021

Projections for AML Compliance During the Final Half of 2021

There’s probably not an individual, company, or sector that 2020 left untouched, and anti-money laundering (AML) compliance is no exception.

20 May, 2021

Top Ten Reasons CCOs Need Compliance Consultants to Augment a Strong Firm Compliance Culture

Regulatory compliance isn’t exactly the easiest area to navigate — and getting it wrong can be both expensive and damaging to a firm’s reputation.