DOJ reforms self-disclosure approach with new corporate enforcement plan
The DOJ has altered its corporate enforcement policy to simplify investigations and amplify the benefits firms can receive by self-reporting, fully cooperating, and effectively remediating misconduct.
Is FINRA focusing on fairness by reducing HSP compliance burdens?
The SEC's January 2025 settlements for off-channel comms violations introduced lighter compliance terms, creating a divergence between earlier enforcement actions that imposed stricter membership oversight requirements on FINRA firms. After the SEC's rejection of a petition to review the pre-2025 settlements, FINRA is now looking to level the field by easing collateral consequences.
Surveillance Snippets: Surveil now to save later – why should firms invest anyway?
By establishing a well-nourished surveillance system early on, firms can reap invaluable benefits later, such as avoiding steep regulatory fines and boosting operational efficiencies.
Regulatory Wrap Episode 59: SEC cracks down on settlor’s remorse
In Regulatory Wrap for the week to April 18, Kathryn Fallah unpacks what the SEC deems a case of “settlor’s remorse” following a request by 16 firms to amend off-channel communications settlements.
FCA encourages AI innovation as industry views on evolving technology shift
The FCA – alongside other regulators – has encouraged AI innovation in business workflows to support growth, while also urging firms to continue prioritizing responsible use through strong security frameworks.
Surveillance Snippets: Mind the data capture gap with surveillance strategies
When considering surveillance, it all comes down to data – and missing or incomplete datasets could pose a dire issue. How can firms reevaluate their surveillance governance and data management to maintain compliance with U.S. regulators?
Surveillance Snippets: Striking the balance between communications surveillance and privacy
In persisting enforcements for recordkeeping failures, regulators stress the need to “reasonably supervise personnel” to detect and prevent possible violations. But how can firms ensure effective supervision when questions of privacy rights arise?
The FCA, WhatsApp, and recordkeeping
The FCA surveyed UK banks on the use of encrypted and unmonitored messaging apps like WhatsApp and Signal, with no specific enforcement action currently in the works. Firms must still ensure compliance with recordkeeping rules, regardless of technology used.
The Conduct Chronicles – The Emerging Risks of LinkedIn
As social media opens up new avenues of communication, businesses face a new set of challenges. From possibilities of insider trading to investment scams, firms must take the necessary precautions to mitigate these potential risks.
Regulatory Wrap episode 57: AI in surveillance- is 2025 the turning point?
In Regulatory Wrap for the week to April 4, Kathryn Fallah dissects shifting industry views around AI for 2025.
Is the SEC all in on AI following recent statements?
Speeches from Commissioner Hester Pierce and Acting Chairman Mark Uyeda suggest that the SEC may be taking a less prescriptive approach to AI technology moving forward.