The role of U.S. self-regulatory organizations (SROs) — particularly the Financial Industry Regulatory Authority (FINRA) — is being re-examined via a Congressional hearing set up by the Subcommittee on Capital Markets, an extension of the House Financial Services Committee. The subcommittee hearing, set for Thursday, March 5, has a title that seems to say it… Read More >>
SEC, FINRA to Wall Street: Bolster Your Cyber-Security Defenses
Two new reports by regulators on the state of the financial services industry’s cyber-security readiness find that while firms have made definite progress in recent months, much work remains to be done to shore up cyber-defenses. The reports, issued Feb. 3 by the Financial Industry Regulatory Authority (FINRA) and the SEC, draw on the findings… Read More >>
SEC Names Associate Director for IA/IC Exams
The SEC has named Steven J. Levine as the associate director for the investment adviser/investment company examination program in its Chicago office, officials say. Levine will oversee the IA/IC examination program in nine Midwestern states, with a staff of roughly 65 examiners, accountants and attorneys. Levine joined the IA/IC examination program in Chicago in 2010… Read More >>
