FINRA Podcast: August 2013 Monthly Recap

FINRA released a podcast summarizing the notices, news, and education information issued by FINRA for August 2013. The notice summary included a joint advisory from the SEC, CFTC, and FINRA on business continuity planning, FINRA's new private placement forms that firms must file offering documents, and the FAQ regarding Trade Reporting and Compliance Engine ("TRACE"). Additionally, the news summary included one FINRA enforcement action for penny stock and AML violations, and another for unfair pricing violations in bond markets. (See links below; all of these actions were previously covered in the Cabinet news.)

Click here for FINRA's August 2013 Monthly Recap Podcast.See also: SEC Issues Risk Alert on Investment Advisers' Business Continuity and Disaster Recovery Planning (August 27, 2013); FINRA Notice 13-26: New Private Placements Form Pursuant to FINRA Rules 5122 and 5123 and FAQ (August 30, 2013); FINRA Fines Broker-Dealer for Penny Stock and Related AML Violations (August 5, 2013); FINRA Sanctions Firm for Best Execution and Fair Pricing Violations in Bond Markets (with Lofchie Comment) (August 22, 2013).