The Securities and Exchange Commission has issued a risk alert to firms about safeguarding customer information at branch offices, according to AdvisorHub. The SEC said its action was aimed at highlighting the importance of establishing written policies and procedures...
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Regulatory Investigations
SEC issues bulletin with guidance for advisors on recommending investments
The Securities and Exchange Commission has issued a staff bulletin providing guidance for broker-dealers and investment advisors on their investment recommendations for clients, Investment News reports. The SEC published its bulletin in the form of questions and...
Brazilian mining company to pay $56M to settle SEC charges involving dam safety
A Brazilian mining company has agreed to pay nearly $56 million to settle charges related to disclosures over the safety of its dams, the Securities and Exchange Commission announced. The SEC said it had reached the settlement in the case involving Vale S.A., a...
FINRA revises plan regarding home office supervisory locations
The Financial Industry Regulatory Authority has revised its plan involving the use of home offices as non-branch locations, according to ThinkAdvisor. FINRA refiled the amended plan with the Securities and Exchange Commission. It involves proposed changes to FINRA...
FINRA issues notice encouraging members to get involved in advisory committees
The Financial Industry Regulatory Authority has issued a special notice encouraging its members to become involved in the authority’s various advisory committees. FINRA said it currently has 13 advisory committees that provide feedback on rule proposals, regulatory...