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                  • December 03, 2019

                    SEC Charges Entity and Associated Individuals with Misleading Senior Investors

                    The SEC charged an entity and several associated individuals with misleading 100 investors - most of whom were seniors - resulting in $4.9 million in losses.
                  • November 05, 2019

                    SEC Proposes Amending Investment Adviser Solicitation and Advertising Rules

                    The SEC proposed amending advertising and solicitation rules under the Investment Advisers Act.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • July 09, 2019

                    Broker-Dealer Settles FINRA Charges for Supervisory Failures

                    A broker-dealer settled FINRA charges of failure to "establish, maintain and enforce a sufficient supervisory system ... reasonably designed to achieve compliance with applicable securities laws and regulations."
                  • June 10, 2019

                    MSRB Updates Guidance on Gifts and Gratuities Limitations

                    The MSRB updated its guidance on gifts and gratuities limitations for broker-dealers, municipal securities dealers and municipal advisors.
                  • June 05, 2019

                    SEC Adopts "Retail Best Interest" Rulemaking Package

                    The SEC adopted a rulemaking package designed to enhance retail investors' protections when dealing with broker-dealers and investment advisers.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • May 31, 2019

                    Cadwalader Attorneys Analyze Potential New Exemptions for SBS and SBSDs

                    The SEC proposed several amendments to its rules governing security-based swaps entered into by non-U.S. firms.
                    nihal.patel@cwt.com's picture
                    Commentary by Nihal Patel
                  • April 24, 2019

                    Broker-Dealer Settles FINRA Charges for Failure to Apply Sales Charge Waivers

                    A broker-dealer agreed to settle FINRA charges for neglecting to identify and apply available sales charge waivers to eligible retirement accounts and charitable organizations.
                  • March 14, 2019

                    NASAA President Offers Recommendations to Improve SEC Regulation Best Interest

                    North American Securities Administrators Association President Michael Pieciak offered recommendations on how the SEC can improve Regulation Best Interest to benefit investors.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • March 07, 2019

                    Broker-Dealer Settles Inadequate Supervision and Related Charges

                    A broker-dealer agreed to settle FINRA charges for inadequate trading supervision, providing inaccurate statements, paying unregistered individuals and failing to establish an adequate Customer Identification Program.
                  • March 06, 2019

                    Court of Appeals Affirms Dismissal of Securities Fraud Suit Based on Medicare Compliance Violations

                    The U.S. Court of Appeals for the Second Circuit affirmed a lower court's dismissal of a shareholder's lawsuit, which alleged that a health insurer and its executives misled investors regarding compliance with Medicare regulations.
                    Kyle.DeYoung@cwt.com's picture
                    Commentary by Kyle DeYoung
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