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Join the Securities Litigation and Enforcement Group on LinkedInFINRA Targets Crypto-Related Communications – All Things FinReg
FINRA has announced that it is conducting a targeted examination of broker-dealer practices related to retail communications about “crypto asset” products and services. As part of this sweep, FINRA is asking broker-dealers for all retail communications that were distributed or made available by a broker-dealer or its affiliates on behalf of the broker-dealer that refer […]
SEC seeks more input on Finra proposal to allow supervision from home offices
In July, the Financial Industry Regulatory Authority Inc. filed a proposal with the Securities and Exchange Commission that would allow a broker working remotely to supervise other brokers without the broker’s home being designated as a branch office. The so-called residential supervisory location would be subject to examination by the parent brokerage once every three […]
Finra proposes 3-year pilot program for remote office inspections
The Financial Industry Regulatory Authority Inc. filed a proposal last Friday with the Securities and Exchange Commission that would establish a three-year voluntary pilot program for financial firms that want to continue remote inspections of branch offices and other locations. The pilot program effectively would extend the online supervision that Finra has allowed since November […]
Finra bars would-be brokers for cheating on online qualification exams
Finra barred two individuals from the financial industry for cheating on online qualification exams, the first enforcement actions the regulator has taken in relation to remote examinations. The Financial Industry Regulatory Authority Inc. announced Wednesday that it imposed bars on Brandon Autiero, formerly associated with Equitable Advisors, and Harris Kausar, formerly associated with Barclays Capital […]
NFTs getting a closer look from FINRA
How hot is the NFT craze? It’s so hot that even Finra is trying to wrap its head around it. The Financial Industry Regulatory Authority — the non-government group that licenses broker dealers and accordingly polices it for infractions — is “taking a deep dive to understand NFTs and the implication for the regulation of […]
Former FINRA Senior Officer Elizabeth Hogan Joins McGuireWoods’ Securities Enforcement & Litigation Team | McGuireWoods
McGuireWoods is pleased to announce that Elizabeth Hogan, former senior vice president of market regulation enforcement at the Financial Industry Regulatory Authority (FINRA), has joined the firm’s nationally recognized Government Investigations & White Collar Litigation Department in Washington, D.C. via Former FINRA Senior Officer Elizabeth Hogan Joins McGuireWoods’ Securities Enforcement & Litigation Team | McGuireWoods.
FINRA Wants To Serve Docs By Email Amid Crisis Challenges – Law360
The Financial Industry Regulatory Authority says the shift to remote work caused by the coronavirus pandemic has made it difficult for its employees to serve documents in hard copy as required by law, but a quick rule change could ease the pressure. FINRA asked the U.S. Securities and Exchange Commission on Thursday to approve a […]
FINRA EVP Of Office Of Fraud Detection And Market Intelligence Cameron Funkhouser Announces Retirement
FINRA today announced the retirement of Executive Vice President Cam Funkhouser after more than 35 years of service at the organization. Funkhouser has led FINRA’s Office of Fraud Detection and Market Intelligence (OFDMI) – including the Insider Trading and Fraud Surveillance units, FINRA’s Complaint Center and FINRA’s Whistleblower program – since its creation 10 years […]
Former FINRA Department of Enforcement Director Joins Shearman & Sterling | Shearman & Sterling
Shearman & Sterling is delighted to announce that Sara Raisner has joined the firm’s Litigation and Enforcement practice as counsel. She will be based in the firm’s New York office. Prior to joining Shearman & Sterling, Sara was a Director in FINRA’s Department of Enforcement. During her time at FINRA, Sara led a team of […]
Four Partners Join King & Spalding with Regulatory Expertise from FINRA – King & Spalding
King & Spalding today announced that Mirella deRose, Russell Johnston, Richard Margolies and Michael Watling joined as partners in the Government Matters practice and the Securities Enforcement and Regulation team in the New York office. All four partners served as senior attorneys with the Financial Industry Regulatory Authority (FINRA) Department of Enforcement. Johnston, Margolies and […]