Insights
Summary of FINRA's Regulatory Actions in 2019
FINRA's Enforcement Division brought 108 enforcement actions and levied fines against member firms that totaled $57,981,625 in 2019. These numbers mark a significant decrease in the enforcement actions and total fines from 2018.
- Compliance
ACA Compliance Group Adds Insider Trading and Market Abuse Surveillance for Personal Trading Data in ComplianceAlpha
New insider trading and market abuse rules in ComplianceAlpha's Employee Compliance solution allow firms to monitor their employees' trading activity for potential insider trading, market abuse, and other misconduct.
- ACA News
Introducing Insider Trading and Market Abuse Surveillance for Personal Trading Data in ComplianceAlpha
Clients of ACA’s Employee Compliance solution in ComplianceAlpha® can now receive Items of Interest (IOI) for potential insider trading and market abuse related to employees’ personal trading activity.
- RegTech
ACA Named Best Cybersecurity Provider and Best RegTech Solution by the 2020 HFM US Technology Awards
For the second year in a row, ACA was named Best RegTech Solution in the HFM US Technology Awards, recognising IT and software providers that have demonstrated exceptional customer services and innovative product development for the hedge fund community.
- ACA News
Key Takeaways for Buy-Side Firms from 1LoD’s 2020 Surveillance Benchmarking Survey & Report
Our key takeaways from 1LoD's 2020 Surveillance Benchmarking Survey & Report for buy-side firms.
- RegTech
OCIE 2020 Examinations Priorities Letter for Broker-Dealers
On January 7, 2020, the Securities and Exchange Commission's ("SEC’s") Office of Compliance Inspections and Examinations (the “OCIE”) released its
- Compliance
SFTR Reporting – Non-EU AIFs Out of Scope
The European Securities Market Authority ("ESMA") and the European Commission have today confirmed that non-EU Alternative Investment Funds ("AIFs") (i.e. AIFs not established in the EU) will not be subject to Securities Financing Transaction Regulation ("SFTR") reporting obligations.
- Compliance
First Test of Liquidity Risk Management
The recent last minute extension of the Chinese Lunar New Year market closure proved to be troublesome for some mutual funds and ETFs compliance with the Liquidity Risk Management Program. We outline how to prepare for such unexpected changes.
- Compliance
M&A Due Diligence Challenges: Transition Management
Our M&A Due Diligence Challenges blog series addresses the changing nature of IT, cybersecurity, and data privacy and how investors can manage these risks and increase their chances of achieving a successful M&A transaction. Part 2 covers Transition Management and Day 1 / 100 days planning.
- Cybersecurity
- Portfolio Company Risk Management
FINRA 2020 Risk Monitoring and Examination Priorities
On January 8, 2020, FINRA released its Risk Monitoring and Examination Priorities Letter for 2020. While noting that the letter’s format had been changed to concentrate more on new risk areas, FINRA stated that it would continue to examine the areas of concern on which it repeatedly focused in previous years.
- Compliance