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Supervision of Vendors When Outsourcing - The Buck Stops with FINRA Member Firms

Key Takeaways: ..On August 13, 2021, FINRA issued Regulatory Notice 21-29 (“RN 21-29”) to remind member firms that they must establish and maintain an adequate supervisory system, including written supervisory procedures...more

Beware of Insider Trading Whistleblower Scams

There has recently been a rash of similar anonymous whistleblower tips to public companies, each claiming that an unnamed company supervisor boasted about reaping profits from insider trading. The number of public companies...more

SEC Encourages Enhanced Data Security in Wake of Increasingly Sophisticated Ransomware Attacks Following NAIC Brief Encouraging...

The SEC's Office of Compliance and Examinations (OCIE) issued a risk alert on July 10th about its observation of an apparent increase in sophistication of ransomware attacks on SEC registrants, including broker-dealers,...more

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