All Finance articles – Page 20
-
News Brief
SEC proposes Reg S-P updates on incident response, breach notifications
The Securities and Exchange Commission proposed amendments to its regulation requiring broker-dealers, investment companies, and registered investment advisers to establish policies and procedures to safeguard customer records and information.
-
Webcast
CPE Webcast: Immersive Learning: A Revolutionary Way To Train Your Compliance Team
Get a taste of Compliance Week Training’s new instructor-led courses that provide the experience of a financial crime risk event unfolding in real time. Review scenarios used in the course, which simulates a real-life crisis you need to evaluate and resolve with your peers.
-
News Brief
Investment adviser fined $50K for compliance lapses following founder/CCO’s death
E. Magnus Oppenheim & Co. must pay $50,000 and hire an independent compliance consultant to settle Securities and Exchange Commission charges of failing to implement compliance policies and procedures following the death of its founder and CCO.
-
News Brief
Five more board members resign in DOJ antitrust sweep
Five corporate board members resigned after being flagged by the Department of Justice for potentially violating the antitrust provisions of the Clayton Act.
-
News Brief
Webull fined $3M for failing to properly supervise automated trading system
The Financial Industry Regulatory Authority fined broker-dealer Webull Financial $3 million for alleged failures related to customer due diligence and processing and reporting of customer complaints.
-
News Brief
Energy broker Coquest fined by CFTC in block trade manipulation case
Energy broker Coquest, its owners, and trading affiliates agreed to pay a total of nearly $3 million to resolve allegations from the Commodity Futures Trading Commission the firm failed in its oversight responsibilities regarding more than 2,000 trades made against its customers.
-
Blog
New York Life promotes corporate compliance VP to CCO
New York Life announced the promotion of Senior Vice President of Corporate Compliance Sandi Tillotson to chief compliance officer.
-
Blog
Mr. Cooper Group appoints chief risk and compliance officer
Home loan servicer Mr. Cooper Group announced the appointment of Christine Paxton as executive vice president and chief risk and compliance officer.
-
News Brief
SEC fines broker-dealer $100K over SARs reporting failures
Cambria Capital agreed to pay $100,000, hire an independent anti-money laundering consultant, and be censured for failing to file suspicious activity reports on certain transactions over a two-year period, according to the Securities and Exchange Commission.
-
Blog
Kinetic Investment Management appoints chief compliance officer
Kinetic Investment Management announced the appointment of Dawn Rybak as chief compliance officer.
-
Premium
Anti-ESG fervor catching fire with Republican lawmakers
The blowback against environmental, social, and governance initiatives in investments and corporate strategies is quickly building momentum in conservative politics, with nearly two dozen states proposing bills that limit ESG investments.
-
Blog
Z Capital Group promotes CCO to general counsel
Z Capital Group announced the promotion of Chief Compliance Officer Erik Kreutzer to general counsel, chief compliance officer, and head of legal.
-
Blog
ConvexityShares Trust appoints interim chief compliance officer
ConvexityShares Trust, an exchange-traded fund provider, announced the appointment of Joseph Ferraro as interim chief compliance officer, according to a public filing.
-
News Brief
Ex-CCO gets three years in prison for wire fraud
A former chief compliance officer of an unnamed New York-based investment adviser was sentenced to three years in prison for defrauding clients and her employer.
-
News Brief
SEC commissioners question best execution ruling in Huntleigh Advisors case
Huntleigh Advisors and affiliate Datatex Investment Services agreed to pay $893,502 to settle charges laid by the Securities and Exchange Commission regarding failure to disclose conflicts of interest to their advisory clients over eight years.
-
Premium
Ruling in Experian GDPR case thrusts ‘legitimate interest’ into spotlight
Experian won a legal battle against the U.K. Information Commissioner’s Office after the data regulator ordered the credit reference agency to make “fundamental changes” over the way it handled personal data for direct marketing purposes or stop altogether.
-
Blog
CBRE adds ex-Microsoft environmental head as chief sustainability officer
Commercial real estate and investment firm CBRE Group announced the appointment of Robert Bernard as chief sustainability officer and senior vice president, client sustainability solutions.
-
Blog
Marqeta recruits chief legal officer from Blend
Card issuing platform Marqeta announced the appointment of Crystal Sumner as chief legal officer.
-
Blog
Spirit Super names chief risk officer
Australia-based financial services company Spirit Super appointed Will Sadler as chief risk officer.
-
News Brief
SEC cites CCO error in HITE Hedge short selling case
Investment advisory firm HITE Hedge Asset Management and its private fund clients agreed to pay more than $220,000 to settle allegations the firm violated a Securities and Exchange Commission rule concerning short selling.