Happy New Year! With 2014 behind us and 2015 charging full steam ahead, the Core Compliance team wants to share a few of our 2015 compliance predictions. Increase Use of Technology Based on 2014’s results, we believe the Securities and … Read More
Happy New Year! With the new year comes important annual and new filing requirements that are necessary to keep your firm compliant with applicable regulations. With this in mind, we are providing you with a summary of filing deadlines and … Read More
Eight audit firms spanning across the U.S. were recently sanctioned by the Securities and Exchange Commission (“SEC”) for failing to adhere to the auditor independence rules set forth in Rule 17(a)-5 of the Securities Exchange Act of 1934 during their … Read More
Effective communication is crucial in any relationship. It is an art that must be honed and perfected, especially within a business organization. The following are some tips to consider for advancing communication between the Chief Executive Officer (CEO) and Chief … Read More
On October 15 The Securities and Exchange Commission (“SEC”) reported enforcement against a former Wells Fargo Advisors’ (“Wells Fargo”) compliance officer. Purportedly, Judy K. Wolf altered a document before submitting it to the SEC during an investigation. The SEC’s order … Read More
A San Diego-based investment firm and two of the firm’s advisers have been charged with misusing soft dollars and “cherry-picking” more favorable trades to certain clients. Securities and Exchange Commission (“SEC”) Administrative Law Judge Brenda P. Murray ruled that the … Read More
Luis A. Aguilar, a Commissioner of the Securities and Exchange Commission (“SEC”), spoke at the New York Stock Exchange’s Governance Services department “Cyber Risks and the Boardroom” Conference on June 10, 2014. Aguilar spoke regarding the increasing risks associated with … Read More
This week Financial Industry Regulatory Authority’s (“FINRA’s”) Rule 2081 (“the Rule”) was approved by the Securities and Exchange Commission (“SEC”). The Rule will prohibit the expungement of customer complaints, due to agreed-upon settlements with customers, through the Central Registration Depository … Read More
