General Counsel
Tw Li

May 04, 2021

Ready Money

FINRA Proposes Supplemental Liquidity Schedule

FINRA proposed the adoption of a Supplemental Liquidity Schedule for "members with the largest customer and counterparty exposures." The Schedule would supplement FOCUS Report filings.

Global Payments Company Settles OFAC Charges for Multiple Sanctions Violations

A Dallas-based global payments company settled potential civil liability with OFAC for alleged violations of multiple sanctions regulations.

Firm Settles FINRA Charges for Failing to Detect Unsuitable Recommendations

A firm settled FINRA charges for failing to detect that its representative recommended an unsuitable investment strategy.

Also Covered

Reg. Tracker: May 1 to May 15

Reg. Tracker: May 1 to May 15

The Cabinet Regulatory Tracker is a list of effective dates and comment deadlines.