United States: Firm Settles FINRA Charges For OBA Violations - Cadwalader, Wickersham & Taft LLP

Mondaq

20 May 2021 0 shares 1 views

Mondaq

Published 20 May 2021

FINRA found that the firm and the principal failed to timely update Forms U4 for a number of representatives with respect to those OBAs.

Full Article

United States: Firm Settles FINRA And NYSE Arca Charges For Order Marking And Reg. SHO Locate Rule Violations - Cadwalader, Wickersham & Taft LLP

Mondaq 28 May 2021

A firm settled FINRA and NYSE Arca charges for mismarking sell orders and failing to document compliance with SEC Regulation SHO..

FINRA highlighted practices which firms found effective for mitigating risks associated with customer account takeovers.

Mondaq 18 May 2021

To settle the charges, the broker-dealer agreed to (i) a censure and (ii) a $1.5 million civil monetary penalty.

Mondaq 17 May 2021