Blog
FINRA’S COMPLIANCE CALENDAR – DECEMBER 2017
As we are approaching December 2017, you should review FINRA’s compliance calendar to ensure you are aware of the last regulatory filings of the year. If you want to attend any conferences or events before the end of the quarter, there are two upcoming seminars. […]
Pay-to-Play: Capital Acquisition Brokers
Earlier this year, FINRA began accepting applications for firms wishing to register as Capital Acquisition Brokers. A Capital Acquisition Broker (“CAB”) is a firm that engages in a limited range of activities. Such activities include advising companies and private equity funds on capital raising and corporate restructuring, and acting as [...]
Financial Exploitation of Seniors
FINRA has announced new rules relating to the financial exploitation of seniors and other specified adults. On February 5, 2018, the amendments to Rule 4512 and new Rule 2165 become effective. FINRA Rule 4512 FINRA Rule 4512 will require members to make reasonable efforts to collect the name and contact [...]
The Differences between a Broker, Dealer, and Broker-Dealer
In the securities industry, there are many key players. I’m sure you’ve heard the terms: broker, dealer, and broker-dealer. Although many may assume that the terms have the same meaning, there are in fact not the same. All three play a major role in the activity of the stock market. [...]
Investment Advisory Programs – Safe Harbor Rule 3a-4
One of the key differences between an investment company and a registered investment advisor (RIA) is that advisers are in the business of providing investment advice to others, while an investment company is primarily engaged in the business of investing in securities themselves. Although advisors invest in securities on behalf [...]
FINRA’S COMPLIANCE CALENDAR- NOVEMBER 2017
As November approaches, let’s take a look at the upcoming deadlines and educational opportunities that are on FINRA’s compliance calendar for the month. Please note that the calendar does not include all regulatory and filing responsibilities for firms. Therefore, you should check other resources to ensure that your firm does [...]