Recent guidance from financial industry regulators reminds market participants to remain mindful of their business, compliance, and operational obligations when incorporating technology vendors as a fundamental part of their...more
9/10/2021
/ Banking Sector ,
Compliance ,
FDIC ,
Federal Bank Regulatory Agencies ,
Fiduciary Rule ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
FRB ,
OCC ,
Proposed Guidance ,
Securities and Exchange Commission (SEC) ,
Technology ,
Third Party Lenders ,
Third-Party Risk
U.S. Developments -
Legislation -
Congress Members Introduce Stablecoin Legislation -
On December 2, 2020, Congresswoman Rashida Tlaib (MI-13), Congressmen Jesús “Chuy” García (IL-04) and Chairman of Task Force on...more
12/14/2020
/ Acquisitions ,
Alternative Trading System (ATS) ,
Bitcoin ,
Blockchain ,
Broker-Dealer ,
China ,
Cryptocurrency ,
Digital Assets ,
Dow Jones ,
Financial Industry Regulatory Authority (FINRA) ,
Germany ,
Open Source Software ,
Popular ,
Securities and Exchange Commission (SEC) ,
SIFMA ,
Stablecoins ,
Ukraine
On June 10, 2020, the Financial Industry Regulatory Authority (FINRA) issued a summary report regarding the existing and emerging uses of artificial intelligence (AI) by securities industry market participants. The report,...more
In the wake of severe market volatility resulting from the COVID-19 pandemic, self-regulatory organizations and government agencies continue to provide guidance analyzing and interpreting the effects of the pandemic on market...more
The staffs of the Division of Trading and Markets (Division) of the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) (collectively, the “Regulators”) published a joint...more
7/18/2019
/ Books & Records ,
Broker-Dealer ,
Customer Protection Rule ,
Digital Assets ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
Initial Coin Offering (ICOs) ,
Investment Management ,
Joint Statements ,
Over The Counter Derivatives (OTC) ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
SIPA