By Rayma Christy, CAMS, MAC ◊ Three firms and several individuals were sanctioned with fines and suspensions for failing to establish and implement adequate anti-money laundering (AML) programs and other supervisory systems to detect suspicious transactions. Each firm failed to either follow their compliance procedures, implement an adequate AML program to detect and report suspicious transactions and manipulative...Read more
By Harry Chaffee, CFA, CIPM ◊ In December 2012, The Securities and Exchange Commission approved changes to FINRA Rule 8210, which became effective on February 25, 2013. While the changes may appear innocuous at first, they should prompt members to consider the potential expanded access FINRA will have to the records of affiliated...Read more
By John Pinto ◊ RRS advertising and communications with the public consulting solutions provides financial services firms with the tools necessary for receiving a clean comment letter when materials are filed with FINRA. RRS brings a unique perspective to a range of regulatory and compliance issues, leveraging our team’s collective experience as FINRA, SEC and State...Read more
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