Welcome to GRIP, Global Relay’s new digital information service on practical compliance and regulatory change.
Please enjoy this free trial of our subscription content service, for a limited time only.
-
SEC and FinCEN extend customer identification program obligations to IAs
The new rule will require investment advisers to implement procedures to verify the identity of customers and maintain records supporting verification.
-
ASIC roundup: JP Morgan Securities fined A$775,000, and false documents
The Australian Securities & Investments Commission’s latest actions and news, May 6 – 10, 2024.
-
SEC wins landmark case on shadow trading enforcement action
Shadow trading case extends potential insider trading liability, creating considerable risk for both companies and insiders.
-
DOL finalizes fiduciary duty rule to weed out conflicts, bad retirement advice
DOL’s new fiduciary rule is out and will subject many new financial planners and insurance agents to the Employee Retirement Income Security Act.
-
SEC issues risk alert on Marketing Rule compliance
The latest SEC Risk Alert details observations of investment adviser compliance with the Marketing Rule from its exams staff.
-
DOJ pilot program offers leniency for some executive criminal tipsters
Pilot program at DOJ will give immunity to executives providing information about corporate misconduct in which they were involved.
-
Reaction to FinCEN’s proposed sweeping AML rules as comments close
Changes intended to impose AML reporting rules on RIAs like those that have existed for BDs for over 20 years attract mixed reaction.
-
SEC charges Wayzata Investment Partners under pay-to-play rule for campaign contributions
The SEC settled an administrative proceeding connected to a $4,000 campaign contribution.