Blog

Summaries and explanations of the latest regulatory compliance announcements, reports and related stories.

Regulatory Briefs Asgard Team Regulatory Briefs Asgard Team

FINRA Rule 3110 updates

The SEC recently approved FINRA's amended rule proposal ( SR-FINRA-006) to adopt new Supplementary Material .19 (Residential Supervisory Location) under FINRA Rule 3110 which will permit certain broker-dealers to treat any eligible private residence in which an associated person engages in specified supervisory activities as a non-branch location (subject to various conditions and limitations).

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Regulatory Briefs Jon Hurd Regulatory Briefs Jon Hurd

SEC Amends How Broker-Dealers Preserve Electronic Records

The Securities and Exchange Commission (“SEC”) voted to adopt amendments to the electronic record-keeping, prompt production of records and third-party record-keeping service requirements. The amendments will align record-keeping requirements with current technological developments to modernize how broker-dealers (“BDs”) preserve electronic records.

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