Zacks Investment Research on MSN

Should You Invest in the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)?

Designed to provide broad exposure to the Financials - Brokers/ Capital markets segment of the equity market, the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) is a passively managed ...
JD Supra

SEC Grants Broker-Dealers Permanent Exemptive Relief From Rule 15c2-11 for Fixed-Income Securities Sold Under Rule 144A Safe Harbor

On October 30, 2023, the Securities and Exchange Commission (SEC) issued an order granting broker-dealers exemptive relief from Rule 15c2-11 of the Securities Exchange Act of 1934 for fixed-income ...
Nasdaq

Beyond Bells and Whistles: Unpacking the Security Side of Broker-Dealer Tech

Technology's allure is undeniable for financial advisors weighing a move to a new broker-dealer. Sleek interfaces, integrated apps, and workflow-reducing features promise efficiency and a world-class ...
Financial Advisor

SEC Fines Three Broker-Dealers $750K Over Email Security Lapses

The Securities and Exchange Commission has fined three hybrid broker-dealers a total of $750,000, claiming that lax cybersecurity defenses allowed third parties to breach the email of reps and ...
InvestmentNews

SEC fines investment advisors, broker-dealers $63M for record-keeping failures

The Securities and Exchange Commission has announced multi-million dollar penalties for investment advisors and broker dealers, mostly resulting from record-keeping failures. A combined $63.1 million ...
The National Law Review

Laying Down the Law: SEC Sanctions UK Broker/Dealer and Four U.S. Representatives

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
JournalofAccountancy

New standards for auditors of brokers and dealers are focus of PCAOB reminder

The PCAOB issued a reminder to auditors of brokers and dealers Wednesday that the board’s new audit standards differ in certain respects from previous generally accepted auditing standards that ...
Financial Advisor

Broker-Dealers Beware: Common Pitfalls When Selecting A Surveillance Provider

In today’s increasingly complex regulatory environment, broker-dealers (BDs) face mounting pressure to implement effective surveillance technology to detect and prevent violations. However, navigating ...
JD Supra

A Closer Look at the SEC’s Cybersecurity Rules for Covered Entities and Market Entities

The SEC is continuing its campaign to overhaul cybersecurity, cyber incident reporting, and privacy controls and requirements for financial services industry registrants, their service providers, and ...
The Bond Buyer

Broker-dealer group plans to ask SEC to exclude munis from 'asset-backed security' definition

"What we plan to tell the SEC is that municipal securities in general shouldn't be subject to Reg. AB," BDA's Michael Decker ...
CoinDesk

Apex Group Said to Buy Broker Dealer Globacap for U.S. Tokenization Push

London-based Globacap’s U.S. broker-dealer and alternative trading system (ATS) is regulated by FINRA and the SEC.
Detroit Free Press

tZERO’s Strengthens its Institutional Infrastructure Footprint in Crypto Asset and Traditional Securities, Now Offers Correspondent Clearing Services to Other Broker-Dealers

tZERO’s broker-dealer is one of only two in the United States to support crypto securities custody and is now a leading provider of institutional custody to other firms that are not approved to ...