In January of this year, the NFA adopted an interpretive Notice regarding Internal Control Systems for Commodity Pool Operators (Rule 2-9) Commodity Pool Operators (CPO) Members who have the ability to control customer funds must implement an internal controls framework…
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5 Simple Tips to Maximize Your Morning
Even if you consider yourself a morning person, we can all agree mornings come far sooner than we’d like. That said, your morning will define the rest of your day, hence the phrase “woke up on the wrong side of…
Introducing Broker Annual Requirements & Deadlines
Below is a summary of just some of the important requirements for Introducing Brokers. Note this does not reflect all IB responsibilities: Cybersecurity (ISSP). On an annual basis, the information systems security program must be reviewed and updated. NFA/CFTC updates…
FINRA warns Broker Dealers of an Email Phishing Scam
FINRA has recently warned Broker Dealers to be on alert for an email targeting their compliance personnel. The email appears to be coming from a credit union notifying the firm about potential money laundering involving one of their clients. There…