A broker-dealer settled FINRA charges for failing to implement an AML program "designed to detect and cause the reporting of suspicious cyber-events."
Three affiliated broker-dealers settled FINRA charges for failing to supervise the use of certain sales charge waivers when rolling over customer tax-advantaged state-sponsored securities plans from one state to another.
The SEC extended the deadline to decide whether to approve or disapprove an amendment to the CAT NMS Plan proposal which would implement a revised funding model for the consolidated audit trail and establish a new fee schedule.
The SEC extended the deadline to consider whether to approve or disapprove a FINRA proposal to establish new order routing disclosure report publication requirements for over-the-counter and National Market System equity securities orders.
A broker-dealer settled FINRA charges for supervision failures related to unsuitable recommendations involving variable interest rate structured products.