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FINRA Requests Comment on Enhancements to TRACE Reporting for U.S. Treasury Securities
FINRA recently issued a request for comment on Enhancements to TRACE Reporting for U.S. Treasury Securities. TRACE is the FINRA-developed…
November 30, 2021
SEC Adopts Modernized Marketing Rule for Investment Advisers
The SEC recently approved reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments…
November 30, 2021
CFTC Announces Review of RSBIX NFL Futures Contracts Proposed by Eris Exchange, LLC
The CFTC recently announced a review of three RSBIX NFL futures contracts self-certified by Eris Exchange, LLC (ErisX): one based…
November 30, 2021
CFTC Division of Enforcement Issues Annual Report
The CFTC’s Division of Enforcement recently issued its annual report for Fiscal Year 2020. A few of the highlights include…
November 30, 2021
SEC Adopts Clearing Agency Rule to Limit Potential for Overlapping or Duplicative Regulation
The SEC recently adopted a rule to limit the potential for overlapping or duplicative regulation within its security-based swap regulatory…
November 30, 2021
Is an Outsourced Compliance Provider Appropriate for Your Firm?
The SEC’s Director of Examinations[1] recently reiterated the critical role that Chief Compliance Officers (“CCO”) play for both investment advisers…
November 30, 2021
CFTC Staff Publishes Updated Responses to FAQs Regarding Commission Regulation 4.27 and Form CPO-PQR
The CFTC recently updated its FAQs regarding CFTC Regulation 4.27 and Form CPO-PQR. There are no new FAQs; rather, these…
November 30, 2021
NFA Compliance Rules 2-9 and 2-36: Members' Use of Third-Party Service Providers
On March 24, 2021, the National Futures Association (“NFA”) provided Notice to Members requiring each Member to adopt and implement…
November 30, 2021
FINRA Changes to Corporate Financing Rule 5110 Effective 9.16.2020
Earlier this summer, FINRA's Board of Governors approved filing with the SEC proposed amendments to FINRA Rule 5110, which requires…
November 26, 2021
Cayman Islands Monetary Authority Guidance on The Appointment, Duties, and Responsibilities of Anti-Money Laundering Officers
The Cayman Islands Monetary Authority recently issued a reminder regarding the duties and responsibilities of Anti-Money Laundering Compliance Officers (“AMLCOs”),…
November 26, 2021
FINRA Requests Comment on Enhancements to TRACE Reporting for U.S. Treasury Securities
FINRA recently issued a request for comment on Enhancements to TRACE Reporting for U.S. Treasury Securities. TRACE is the FINRA-developed…
November 26, 2021
NFA Notice to Members I-20-44-Changes to the NFA Form PQR
The NFA recently issued a reminder that NFA Member CPOs are required to submit their December 31, 2020 NFA Form…
November 26, 2021
The NFA Released Two Rule Submission Letters Regarding Branch Offices and Filing Fines
On Monday, August 23rd, the National Futures Association (“NFA”) released two rule submission letters regarding Branch Offices and Filing Fines.…
November 26, 2021
FINRA Virtual Event Gifts, Business Entertainment, and Non-Cash Compensation FAQ
FINRA recently published an FAQ concerning food and beverages provided by associated persons during virtual business entertainment events. FINRA Rule…
November 26, 2021
The SEC Proposed Amendments to its Electronic Recordkeeping Requirements
November 23rd | 2021 Last week, the SEC proposed amendments to its electronic recordkeeping requirements for broker dealers, security-based swap…
November 23, 2021
The impact of the IFPR on Exempt CAD Firms
The IFPR (Investment Firm Prudential Regime) is due to be implemented on 1st January 2022, and there are reasons to…
November 18, 2021
The UK's Fifth Anti-Money Laundering Directive (5MLD)
With our experience in AML/CTF standards we will work with your Firm to adopt the right approach to 5MLD 5MLD…
November 18, 2021
The Middle East Knowledge Series: Preparing an ICAAP Report
The annual regulatory reporting season is upon us for Firms with a 31 December financial year end, and one of…
November 18, 2021