Daily Archives: April 21, 2017, 9:05 am

SEC Keeps up High Rate of Enforcement Activity — CFO

U.S. Securities and Exchange Commission enforcement activity continued at a strong pace during the first half of fiscal 2017 despite the uncertainty hanging over the agency since President Donald Trump took office. Between Oct. 1 and March 31, the SEC filed 334 total enforcement actions, compared to 372 during the same period in fiscal 2016, according to a new report from…

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‘Aggressive’ FINRA scrutiny expected as fines soar into multimillions | On Wall Street

A record year of FINRA enforcement activity heralds heightened scrutiny on a bevy of issues including cybersecurity, anti-money laundering policies and protection for senior clients, legal and regulatory experts caution. Analyzing the regulator’s 2016 enforcement actions, New York law firm Eversheds Sutherland found that while the total number of cases the industry regulator brought last year dipped slightly from 2015,…

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Wads of Cash to Burner Phones, Insider Trading Tops FCA Hit List – Bloomberg Quint

From wads of cash exchanged in curry houses to late night calls on untraceable phones, insider trading never fails to generate headlines. And it looks like U.K. authorities may be gearing up for a few more after opening a record number of cases last year. The Financial Conduct Authority started 70 insider-dealing investigations in 2016, more than double any other year…

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