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Regulatory Updates: Finra And Sec Rule Changes And Guidance Of Interest, Christine Lazaro
Regulatory Updates: Finra And Sec Rule Changes And Guidance Of Interest, Christine Lazaro
Faculty Publications
Over the past year, FINRA has proposed and approved new rules and amendments to its existing rules. FINRA has also issued supplemental guidance on existing rules. This article highlights those rule changes and guidance governing sales practice obligations of brokers, as well as the arbitration process. Additionally, this article will cover certain recently adopted SEC and CFTC rules.
Supervision And Compliance Of Brokerage Firms, Christine Lazaro
Supervision And Compliance Of Brokerage Firms, Christine Lazaro
Faculty Publications
Supervision is a cornerstone of broker-dealer regulation. It serves a number of important goals: primarily ensuring that the firms follow the governing rules and regulations so that investors can have confidence in the firms with which they do business. Unfortunately, FINRA supervision rules often do not set out specifically how a firm is to supervise its brokers. This article will set forth the general supervision rules governing brokerage firms, as well as the rules that govern specific behavior and conflicts.