Blog
Summaries and explanations of the latest regulatory compliance announcements, reports and related stories.
april 2024 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
2024 iaa conference key takeaways
Asgard team members Olivia Scuteri and Shannon Brady attended the IAA Conference in Washington DC on March 6-8 2024. Attached are the notes of importance regarding industry updates.
FINRA Rule 3110 upates
The SEC recently approved FINRA's amended rule proposal ( SR-FINRA-006) to adopt new Supplementary Material .19 (Residential Supervisory Location) under FINRA Rule 3110 which will permit certain broker-dealers to treat any eligible private residence in which an associated person engages in specified supervisory activities as a non-branch location (subject to various conditions and limitations).
february 2024 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
2024 FINRA CYBERSECURITY CONFERENCE TAKEAWAYS
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
January 2024 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
december 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
november 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
October 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
September 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
August 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
JULY 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
FINRA CONFERENCE 2023 KEY TAKEAWAYS
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
April 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
MARCH 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
February 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
January 2023 newsletter
Asgard’s newsletter included notes of importance regarding industry updates and trends, helpful links and FINRA disciplinary action trends.
SEC Amends How Broker-Dealers Preserve Electronic Records
The Securities and Exchange Commission (“SEC”) voted to adopt amendments to the electronic record-keeping, prompt production of records and third-party record-keeping service requirements. The amendments will align record-keeping requirements with current technological developments to modernize how broker-dealers (“BDs”) preserve electronic records.
FINRA Revised Continuing Education Rules to take Effect January 1, 2023
In November 2021, FINRA adopted changes to the Regulatory Element component of its Continuing Education (“CE”) rules which, in part, now requires registrants to complete annual CE as opposed to the previous three-year cycle.
SEC Risk Alert - Examinations Focused on the New Investment Adviser Marketing Rule
The compliance date for the new Marketing Rule is November 4, 2022 (“Compliance Date”). Effective on the Compliance Date, investment advisers may no longer choose to comply with the previous advertising and cash solicitation rules. The SEC staff will be withdrawing certain staff statements related to previous advertising and cash solicitation rules effective on the Compliance Date. Advertisements distributed after the Compliance Date will be subject to the new Marketing Rule. Recently, the SEC published a Risk Alert addressing examinations focusing on the new Marketing Rule.