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
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
Last week the Securities and Exchange Commission’s (“SEC”) Division of Investment Management issued new guidance on proxy voting in the form of a Legal Bulletin (the “Bulletin”) containing, thirteen (13) frequently asked questions. The guidance reiterates the importance of an … Read More
Each month, Core Compliance & Legal Services, Inc. (“Core Compliance”) publishes a Risk Management Update (“RMU”), authored by one of our staff members on a current “hot topic” in the securities industry. In late May 2014, Core Compliance’s Lead Managing … Read More
The Securities and Exchange Commission (“SEC”) has recently approved the Financial Industry Regulatory Authority’s (“FINRA’s”) proposed new consolidated rules for Supervision and Supervisory Control Systems. These FINRA rules – issued as Rules 3110, 3120, 3150, and 3170, to replace regulatory … Read More
To start the new year, the Securities and Exchange Commission’s (“SEC’s”) Office of Compliance Inspections and Examinations (“OCIE”) released its 2014 National Examination Program Priorities. The purpose of this announcement, according to OCIE, is to “communicate with investors and registrants … Read More
