A synopsis of views and advice on current trends, regulatory supervision, and some practical solutions to the latest challenges.
The advisory gives market participants even more opportunity for full enforcement declinations.
Issues highlighted in the report include the quality of customer risk assessment, detailed practical guidance, recordkeeping, and independent second-line assurance.
Apex argues that by applying substantially less burdensome undertakings on other similarly charged firms the SEC has breached administrative law.
FINRA noted the case involved "at least 3,560 text messages" about firm business, including sensitive personal information and investment advice.
The FTC said the absence of Signal messages from Amazon discussing substantive business issues relevant to the antitrust case against the company meant those messaged had "disappeared."
Insights from the recent hedge funds event at Global Relay's London offices.
FINRA's complaint outlines a detailed list of alleged violations, ranging from AML failures to electronic communications archiving shortcomings.
