OCIE Announces New Acting Director
Last week, the U.S. Securities and Exchange Commission (“SEC”) announced that Marc Wyatt will succeed Andrew Bowden as the Acting Director of the Office of Compliance Inspections and Examinations (“OCIE”). Although Wyatt has been with the SEC since 2012, for … Read More
The Big Four: Cybersecurity Tips
It’s no secret that 2014 was the “year of the hacker”. Huge companies like JP Morgan and Apple were the victims of cybersecurity breaches that affected thousands of consumers. In an effort to reduce these attacks, both the Securities … Read More
2015 Compliance Predictions
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
Annual Amendments and Required Updates
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
MSRB’s New Price Discovery Tool
The Municipal Securities Rulemaking Board (“MSRB”) launched a new tool this past June that assists investors in determining the price of a municipal bond. The new price discovery tool can be accessed via the Electronic Municipal Market Access (“EMMA”) website. … Read More
Supervisory Liability and the Many Demands Compliance Professionals Face
Legal and compliance professionals working within securities firms face a wide range of unique problems and demands – a fact that the Securities and Exchange Commission’s (“SEC’s”) Commissioner David Gallagher acknowledged during a speech on May 12, 2014, in Washington, … Read More
Staying Ahead of the Curve: Technologically Evolving in 2014
Heading into 2014, the Securities and Exchange Commission (“SEC”) has stressed the importance of keeping up with technology as it constantly evolves. It is critical that firms embrace the technological advances that are available to them. These advances have given … Read More
GOP House Bill Takes Jab at the Commodity Futures Trading Commission’s Budget
The House Appropriations Committee is proposing a spending package that would cut the Commodity Futures Trading Commission’s (“CFTC”) annual budget by about $25 million to $180.4 million which is about 41 percent lower than the administration originally requested. [1] However, … Read More