New SEC and FINRA Updates

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.


About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
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