SEC Launches a Dedicated Inspection Team to Oversee FINRA

Marc Wyatt, Director of the Securities and Exchange Commission’s Office of Inspections and Examinations (OCIE), recently announced that the SEC has established “a dedicated FINRA inspection team focused on assessing FINRA’s operations in terms of its core mission of regulating its member broker-dealers, including with respect to its regional examinations of broker-dealers.” In his Keynote[…]

SFC Consulting Group and ASCHCO Consulting Group Join Forces

SEC-FINRA Compliance LLC (“SFC”) and the ASCHCO Consulting Group are pleased to announce that we have recently joined forces, adding even greater breadth and depth to our extensive assortment of compliance, regulatory, and risk management products and consulting services. Our combined Management Team, with collective experience of more than 125 years in virtually all aspects[…]

SEC Announces an Increase in Enforcement Actions Filed in FY 2016

The SEC recently announced that, “in fiscal year 2016, it filed 868 enforcement actions … a new single year high for enforcement actions….  [It] included the most ever cases involving investment advisers or investment companies and the most ever independent or standalone cases involving investment advisers or investment companies.” It’s further evidence of the fact[…]