Blog
FINRA Fines BD $750k (Recordkeeping & Supervisory Failures)
FINRA Introduction On January 30th, 2026, FINRA fined and censured a Broker Dealer for $750,000 for failing to properly supervise and retain business-related text messages […]
Read More$5M Fine Shows the Cost of Inaccurate Marketing
SEC Releases Introduction On September 18, 2025, the SEC announced a $5 Million Civil Penalty against a well-known Broker/Dealer for misrepresenting the accuracy and speed […]
Read MoreRisk Alert on Broker Dealer Examinations
SEC RELEASES Introduction The SEC released a Risk Alert on June 5th, 2024, explaining their examination processes on Broker Dealers. The Risk Alert discusses how […]
Read MoreSEC’s First-Ever Enforcement Proceeding Under Section 11 Of The Investment Company Act Of 1940
Brief Introduction Last week, the SEC’s first-ever enforcement proceeding under Section 11 of the Investment Company Act of 1940 occurred for improper switching or replacement of variable annuities. […]
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