Did you know leap years are needed to keep our calendar in alignment with the Earth’s trip around the sun? Without the extra day on February 29th, every four or so years, we would lose almost six hours every year. …
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SEC Planning Broker Dealer Compliance Outreach Seminar – Chicago
The SEC and Finra are hosting their 2019 National Compliance Outreach Program for Broker Dealers on June 27th in Chicago. The program will be held at the Federal Reserve Bank of Chicago. Additionally, the compliance program will also be webcast….
NFA Approves Surcharge for Certain Swaps
Pending approval by the CFTC , NFAs Board of Directors has approved an annual dues surcharge of $1,750.00 on Certain NFA Members including FCMs for which NFA is the DSRO, IBs, CPOs, and CTAs that are approved as swap firms….
Anti-Money Laundering Deficient Jurisdictions
The NFA has put out an updated list of jurisdictions that are deficient in anti-money laundering and anti-terrorism rules. There are some of the usual suspects (Iran) and a few new ones (Cambodia). Financial institutions should be aware of changes…