Tag: compliance
Advisor Group Continues Growth with Hire of Two Industry Executives
Advisor Group, a network of independent wealth management firms, has hired two executives for its business strategy and compliance operations. Dimple Shah joined as...
FINRA Report Highlights Compliance Deficiencies of Regulation Best Interest and Form...
The Financial Industry Regulatory Authority has published its 2022 Examination and Risk Monitoring Program report, outlining the initial findings of its review of the...
Pacific Oak Hires Chief Compliance Officer
Pacific Oak, a sponsor, manager and distributor of real estate-focused alternative investment programs, has hired Matthew Mai as chief compliance officer.
In his new role,...
Aurora Securities Names President and Chief Compliance Officer
Aurora Securities Inc., an independent broker-dealer, has hired Lori Kamen to serve as its president and chief compliance officer. She will also serve as...
iCapital Network to Buy AI Insight
iCapital Network, a financial technology platform focused on alternative investing for the asset and wealth management industries, has agreed to purchase the assets of...
SEC and FINRA to Host Online Forum on Regulation Best Interest...
The Securities and Exchange Commission has released the agenda and panelists for the October 26, 2020 roundtable where SEC staff and FINRA will discuss...
SEC and FINRA to Hold Roundtable on Regulation Best Interest and...
The Securities and Exchange Commission will hold a roundtable with the Financial Industry Regulatory Authority (FINRA) to discuss initial observations on the implementation of...
Smarsh Acquires Cybersecurity and Compliance Software Firm
Smarsh, a compliance and regulatory technology firm for wealth management companies, has purchased Entreda, a provider of cybersecurity risk and compliance management software and...
Wedbush Hires Compliance Veteran as SVP and Chief Compliance Officer
Wedbush Securities, an independent broker-dealer, has hired financial services veteran Michael McMaster as its senior vice president and chief compliance officer.
In his new role,...
SEC Further Extends Reporting and Proxy Deadlines, FINRA Postpones Arbitration Meetings
The Securities and Exchange Commission has extended the filing periods covered by its previously announced conditional reporting relief for certain public company filing obligations...
SEC Encourages Companies to Hold Virtual Annual Meetings, Announces Regulatory Relief
The Securities and Exchange Commission has published guidance to assist companies with their obligation to hold annual shareholder meetings in light of coronavirus (COVID-19)...
FINRA Releases Questions for SEC’s Reg BI Compliance Review
The Financial Industry Regulatory Authority has released its 2020 risk monitoring and examination priorities letter which highlights the areas of focus for its risk...
IRS Increases Enforcement of Syndicated Conservation Easements
The Internal Revenue Service plans to significantly increase its enforcement of syndicated conservation easement transactions, which the agency calls a priority compliance area.
This stepped-up...
SFA Holdings Launches Alternative Investment Consulting and Distribution Firm
SFA Holdings Inc., an umbrella of companies focused on independent financial advisors, has launched Timbrel Capital to assist alternative product sponsors in distributing investment...
SEC Charges Commonwealth with Failing to Disclose Conflicts on Revenue Sharing
The Securities and Exchange Commission has charged Commonwealth Financial Network, a registered investment adviser and broker-dealer that manages approximately $85 billion in client assets,...
SEC and FINRA Schedule National Compliance Outreach Program for Broker-Dealers
The Securities and Exchange Commission and the Financial Industry Regulatory Authority have opened registration for their 2019 National Compliance Outreach Program for broker-dealers, which...
Texas Fines LPL Financial $450,000 for Selling Unregistered Securities
LPL Financial LLC, the nation’s largest independent broker-dealer, was fined $450,000 by the State of Texas and ordered to repurchase certain securities it sold...
GPB Capital Hires In-House Communications Executive
GPB Capital Holdings LLC, a New York-based alternative asset management firm, has hired Brian Weisenberger as managing director to lead the firm’s new in-house...
GPB Capital Hires Former SEC Examiner as Managing Director and Chief...
GPB Capital Holdings LLC, a New York-based alternative asset management firm, has hired Michael Cohn as managing director and chief compliance officer. Cohn was...
Artivest Hires Kamal Jafarnia as General Counsel and Chief Compliance Officer
Artivest, an alternative investment technology firm, has hired 25-year industry veteran Kamal Jafarnia as general counsel and chief compliance officer. Jafarnia has advised numerous...
