Every year, FINRA publishes its Annual Risk Monitoring and Exam Priorities to highlight issues to its regulatory programs. This year’s letter takes a new approach by focusing on those topics that will be materially new areas of emphasis for risk…
News
SEC Review Bitwise Bitcoin ETF
In a February 11th notice, the SEC launched a review of the Bitwise Bitcoin ETF. They are looking into a rule change that would facilitate the listing and trading of shares of the Bitwise Bitcoin ETF Trust and the New…
CFTC Announces Examination Priorities
For the first time, the Division of Market Oversight (DMO) for the CFTC has published its exam priorities for 2019. The exams conducted by the Compliance Branch will target specific elements of a designated contract markets’s (DCM’s) self-regulatory program with…
Broker Dealers: Update Compliance Program
In order to improve and update Broker Dealer compliance programs, we have put together a brief summary of new and amended FINRA regulations, enforcement actions, and overall regulatory developments that occurred in 2018. 2018 Enforcement Actions FINRA determined that Wedbush…