Some broker dealers had deficiencies in independent testing, staff training, customer identification and due diligence practices.
August 3, 2023SEC proposes new rules to address conflicts in broker-dealers' and investment advisers' use of predictive analytics and AI.
July 31, 2023SIFMA says the SEC's attempt to bring DeFi systems into scope could potentially subject other non-DeFi broker-dealer systems to unnecessary regulation.
June 19, 2023Finance professionals should apply "heightened scrutiny" when recommending or advising on complex and risky products, such as crypto asset securities.
April 22, 2023US equities and corporate bond markets will move to T+1 on 28 May 2024. The same implementation date is proposed for municipal securities.
March 31, 2023The SEC warns against dealing with unregistered crypto platforms and in unregistered crypto asset securities, though it doesn't have a registration path for such products.
March 24, 2023The proposals will enhance cyber and technology risk management requirements for key entities that underpin the US securities market.
March 17, 2023SEC commissioners Hester Peirce and Mark Uyeda say the 28 May 2024 effective date does not leave enough time for the market to transition.
February 16, 2023The proposed change is expected to make it more difficult for asset managers to invest in crypto assets on behalf of clients.
February 16, 2023The SEC has asked firms including Point72 Asset Management and Citadel to search employees' personal devices for evidence of business dealings via unapproved channels.
February 8, 2023