The Compliance Digest

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

SEC Adopts Rule to Make ETFs “More Accessible”

The SEC announced it has voted to adopt a new rule and form amendments designed to modernize the regulation of ETFs. Read More

Cybersecurity Awareness Month: Spotlight on Training

Held every October, National Cybersecurity Awareness Month is a great time for your compliance team to focus on educating staff. Read More

FINRA Publishes Guidance on Reg BI and Form CRS

FINRA has issued new resources to assist financial firms in their efforts to comply with the SEC’s Reg BI and Form CRS by the rules’ compliance date of June 30, 2020. Read More

10 FAQs on How to Handle Customer Complaints

In this article, we’ll highlight some frequently asked questions when it comes to identifying and reporting customer complaints. Read More

SEC Refocuses on Enforcement of Crypto-Fraud

On August 29, 2019, the SEC announced that it has reached a settlement with a Dallas-based cryptocurrency dealer called Bitqyck to the tune of $10.1 million. Read More

Companies Still Unprepared for GDPR Compliance

Over half of UK businesses aren’t compliant with the GDPR more than 15 months after its introduction, despite many reporting data security incidents to the ICO, according to new research from Egress. Read More

Complying with NY’s Reg 187 Training Requirement

Producers selling annuities in New York face one significant change after the state’s best-interest standard took effect in August: training. Read to learn how to comply with the training requirement. Read More

FINRA Creates Online “Information Hub” for Reg BI

The Financial Industry Regulatory Authority (FINRA) has created a Regulation Best Interest webpage to help broker-dealers comply with the Securities and Exchange Commission’s rule, and is urging broker-dealers to submit questions to the securities regulator about Reg BI and the agency’s customer relationship summary, Form CRS, to IABDQuestions@sec.gov. Read More

FINRA Requests Comment on Senior Protection Rules

FINRA is conducting a retrospective review to assess the effectiveness and efficiency of its rules and administrative processes that help protect senior investors from financial exploitation. Read More

Clients Pave the Way to QuestTrak Enhancements

Listen, learn and transform the ideas of our clients into truly superior products and services. That’s the goal we set when we launched the User Advisory Group webinar series at the start of 2019, and that’s the mantra we’ve followed to get our system to where it is today. Read More