The North American Securities Administrators Association (NASAA) recently released a report prepared by its Broker-Dealer Section Committee (Committee) presenting the findings of Phase II (B) of its National Examination...more
Last week the full D.C. Circuit Court declined a request by the Financial Regulatory Authority (FINRA) to rehear arguments as to whether FINRA should be enjoined on an emergency basis from expelling a broker-dealer from the...more
It should come as no surprise to financial industry participants that the first Risk Alert published by the SEC’s Division of Examinations (the “Division”) in 2023 relates to Regulation Best Interest (“Reg BI”). The Risk...more