Latest Breaking News On - Broker dealer off channel communications - Page 1 : vimarsana.com

On February 9, 2024, the Securities and Exchange Commission (SEC) announced charges against five broker-dealers, seven dually registered broker-dealers and investment advisers.

Division of enforcementExchange commissionSecurities exchangeChannel communicationsSecurities exchange actInvestment advisersBroker dealer off channel communicationsSixteen firmsPay more thanMillion combinedSettle chargesWidespread recordkeepingStreet firmsWidespread recordkeeping failuresRecordkeeping failuresWhatsapp all over again the sec brings more recordkeeping charges against broker dealers and investment advisers for off channel communications