Setting the record straight on retention: How to appropriately capture data and fulfill regulatory requirements
It is well known that record retention is central to financial industry operations - but best-practice makes perfect. Our guide will help your organization abide by regulatory requirements and confirm data is being managed, secured, and archived.
New Channels, New Challenges – Social media, emojis, and compliant communications
A recent ESMA supervisory briefing has highlighted the potential risks of social media when it comes to investment advice, and FINRA has set out expectations around emojis and compliant communications. How can firms keep pace with emerging technologies and risks?
Mail disorder – J.P. Morgan Fined by SEC for deletion of 47million communications
The financial services giant has been fined $4 million and censured for the permanent deletion of communications data that was required to be retained under Exchange Act rules.
Personal Devices, Personal Liability
The Financial Industry Regulatory Authority’s recent sanction of an Edward D. Jones & Co. veteran is a stark warning that, when it comes to illicit communications, compliance just got personal.
5 key messages from FINRA’s 2022 Report
FINRA has published its annual Examination and Risk report. We take a look at the five key provisions of FINRA’s Report for end-to-end communications and data – from restricted channels to regulatory reporting.
FINRA enforcement cements focus on unauthorized comms and senior managers
FINRA has taken action against an investment bank and two senior managers for their use of text messages for business activity. We explore why this enforcement matters for the compliance team.
Recordkeeping failures dominate SEC enforcement results in 2022
The SEC has published its enforcement results for fiscal year 2022, revealing a record year for penalties. We look at the 5 key takeaways.
FINRA sweeps communications for crypto assets
In the face of increased volatility in the crypto asset market, FINRA has asked broker dealers to disclose their communications data for crypto.