SEC plants crypto recordkeeping seeds with Spring 2025 agenda
Securities and Exchange Commission Chairman Paul Atkins has set the regulator on a course toward crypto with its early ‘Spring 2025’ statement, including proposals to bring crypto under the scope of existing recordkeeping regulations.
Proactive cooperation reduces CFTC fines to $8 million
The CFTC’s recent “enforcement sprint” initiative saw 10 firms fined a combined amount of $8.3 million, with most receiving fine reductions for “exemplary cooperation” and remediation plans – demonstrating the benefits of self-reporting and collaboration with the regulator.
SEC fines Massachusetts firm $75,000 for Marketing Rule violation
The SEC has fined a firm $75,000 for violating the Marketing Rule and recordkeeping violations, spurring the firms to implement greater compliance protocols.
Demystifying AI in surveillance: Video series
When it comes to AI in surveillance, it’s important to have a clear understanding of how generative models can enhance risk detection. Learn how LLMs enable effective, accurate communications monitoring, and the steps we take to ensure transparency, security, and explainability.
Regulatory Wrap episode 68: FCA WhatsApp breach survey
In Regulatory Wrap for the week to August 18, Jennie Clarke discusses recent FCA survey results, which found that firms are still grappling with off-channel comms violations.
Five ways a single-vendor solution can mitigate data governance risks
Learn how a single-vendor solution can capture, store, and monitor business communications to enable complete compliance, all while protecting your data.
FCA fines independent traders £280,000 for insider dealing
The FCA has penalized two brothers, working as independent traders, with a large fine and prison sentences for insider dealing. Regulators are not stopping in their pursuit to weed out financial crime, calling on firms to implement the correct surveillance tools.
The Department of Justice’s Corporate Enforcement Policy
Learn more about the Department of Justice's updates to its Corporate Enforcement Policy in our latest whitepaper, and how AI-enabled communications surveillance can allow your firm to stay ahead of regulatory enforcement by detecting and flagging misconduct quickly and efficiently.
Where does your data go when you use Global Relay’s AI-enabled surveillance?
We’ve mapped how your data moves through our closed ecosystem for analysis by our AI-enabled surveillance solution, and what safety measures we’re taking to ensure your data is never compromised.
Are we entering a new era of deregulation?
With regulators shifting focus away from enforcement and emphasizing the benefits of self-reporting early, are we entering a period of deregulation in financial services – and what does this mean for firms?
Debunking the latest LLM myths
Skepticism around LLMs is common within the financial services industry, however, much of this is based on outdated or inaccurate assumptions. Global Relay's SME sits down to unpack what modern LLMs can actually deliver.