The Compliance Digest

Get expert compliance tips and up-to-date regulatory news.

Tips/Tricks for Managing Outside Brokerage Accounts

This article will breakdown the rule as it affects the employee, the member firm and the external financial institution while explaining how third party vendors can help simplify the outside account management process. Read More

DOJ Shares How it Evaluates Compliance Programs

When designing a compliance and ethics program, organizations want one that not only will prevent, find and fix problems, but also one that will meet the US Department of Justice’s stringent standards if an incident occurs. To help firms do this successfully, the DOJ recently released, quite exactly, what it considers when evaluating the effectiveness of a company’s compliance program. Read More

FINRA Issues AML Red Flag Guidance

Earlier this month, the Financial Industry Regulatory Authority (FINRA) released Regulatory Notice 19-18 providing guidance to member firms to help identify suspicious activity that may be reportable under FINRA Rule 3310 (Anti-Money Laundering Compliance Program). Read More

The SEC is Hiring a “Crypto Securities” Advisor

The U.S. Securities and Exchange Commission is looking for a crypto specialist attorney advisor, according to a job posting on USA Jobs, an official government jobs portal. Read More

10 Quest CE Reports you Should be Using

At Quest CE, we’re big believers in having great reports. Organizing your data in a way that allows you to see what’s important at the time you’re looking at it, is crucial for compliance. To help aid in this process, we wanted to share some of our favorite system reports, show you where to find them and explain what makes them so valuable. Read More

CE Council Releases Q1 2019 Firm Element Advisory

The Securities Industry/Regulatory Council on Continuing Education (Council) just recently published its Q1 2019 Firm Element Advisory (FEA). Read More

Five Cybersecurity Myths to Leave Behind in 2019

The following article dispels common cybersecurity myths to enhance your firm’s overall cybersecurity intelligence and preparedness. Read More

It’s Here: FINRA’s Top Five “Fine” Categories from 2018

Curious where FINRA focused most of its attention in 2018? Law firm, Eversheds Sutherland, is here to answer that question as they took a look back at FINRA’s monthly disciplinary reports, press releases, and online database. Read More

To Pre-Approve or Not to Pre-Approve: What’s the Question?

In this article, we offer five tips to help reinforce the importance of having your representatives pre-disclose potential conflicts of interest. Read More

FINRA Releases 2019 Examination Priorities

While many of 2019’s focus areas are largely the same as in 2018 (sales practice risks, senior investors, cybersecurity, etc.), FINRA announced it is shifting its focus to include three new areas of concern. Read More