The Compliance Digest

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

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Best of 2019: Our “Top 10” Firm Element Courses

Have you ever been curious about which of our courses are most popular among firms today? In this article, we pull back the curtain by featuring our top 10 most delivered Firm Element courses in 2019, thus far. Read More

Reg BI Gets “Green Light” from SEC

Ready or not – here it comes. On June 5, 2019, the SEC held a meeting which resulted in the adoption of the long-debated proposal called Regulation Best Interest (Reg BI). Read More

Firm Fined $50M for Stolen Data & CE Exam Fraud

KPMG has agreed to pay a $50 million penalty and hire an independent consultant to assess the firm's ethics and integrity controls as well as its compliance. Read More

One Year In: Regulators Recap Senior Safe Act

In acknowledgment of the one-year anniversary of the passage of The Senior Safe Act, the SEC, NASAA, and FINRA have issued a fact sheet to help raise awareness on how the Act’s immunity provisions work. Read More

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