FrontLine Compliance reports that the SEC and FINRA have both been active over the past few months issuing new final rules and interpretive guidance on recent rule changes.
For example, the following recent regulatory announcements will affect your firm’s procedures
All of the new or revised rules noted above would affect your brokerage firm’s policies. Rule 5123 is product specific (private placements) so it will only affect firms in that line of business, but the others are more general in nature, and will affect all brokerages transacting business for customer accounts.
