By Aaron Nicodemus2023-01-11T16:18:00
The Financial Industry Regulatory Authority’s (FINRA) annual report on examinations and risk monitoring indicated a new emphasis for the regulator on combating financial crime, particularly cybercrime.
For the first time, the “2023 Report on FINRA’s Examination and Risk Monitoring Program” advised firms how they should protect themselves and their customers against cybercrimes, including identity theft, account takeovers, ransomware, and network intrusions.
The annual report highlighted “FINRA’s increased focus on protecting investors and safeguarding market integrity against these ongoing threats.”
2025-02-03T15:56:00Z By Adrianne Appel
Two massive hacking websites–where criminals sold everything from stolen social security numbers to tools for cybercriminals to gain access to computers–have finally been shut down by an international law enforcement team, the Department of Justice announced.
2023-03-09T17:57:00Z By Aaron Nicodemus
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.
2023-01-31T20:04:00Z By Aaron Nicodemus
The Securities and Exchange Commission issued a risk alert listing deficiencies its examiners found in broker-dealers’ compliance with Regulation Best Interest.
2025-10-08T20:08:00Z By Ruth Prickett
Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.
2025-10-03T21:24:00Z By Adrianne Appel
While the Trump administration may have shifted away from pursuing small, white-collar, financial crimes, its focus on health care fraud cases is as hot as ever.
2025-10-01T21:10:00Z By Neil Hodge
The U.K’.s financial regulator has given a strong indication that financial firms’ use of unauthorized devices and apps is under scrutiny and that policies around off-channel communications need to be tightened up.
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