T. Rachael Mott’s Post

Theta Lake's Marc Gilman is featured in Bloomberg Law discussing how self-reporting enabled two financial services firms to ultimately avoid SEC charges and offers some practical advice on self-reporting for compliance officers. Read the article here ➡️ https://thtl.ke/4eJwnx0 #Compliance #FinServ #SEC #Selfreporting

Investment Advisers continue to face the risk of penalties for non-compliance in adhering to the SEC rule of documenting all business communications, regardless of the medium of communication. In this blog post, Jacko Law Group explores major points of concern in meeting compliance in Business Communications, and the steps to address the gaps in compliance. https://hubs.ly/Q02yTT9L0 #businesscompliance #sec #offchannelcommunications #jackolg

Historically, in business combination transactions, there has been no requirement under SEC rules to provide security holders with a minimum amount of time to consider proxy statement or other disclosures. Rather the only requirements came from state law. #SecuritiesLawBlog #SEC #SPAC #ALCLAW

FINRA fined a firm this week for issues related to accuracy of its order memoranda. The firm in this case failed to record accurate order receipt and transmission times on roughly 30% of its option orders during the time period. The firm's WSPs also did not require any supervisory review of the accuracy of order memoranda, nor did the firm conduct any review to supervise the accuracy of order memoranda. This case is a good reminder to firms of the importance of regularly testing and reviewing these types of internal records for accuracy. If you need any assistance with these reviews, let us know.  #capitalmarketsconsulting #compliance #TRADEliance

In the realm of securities compliance and litigation, making the right legal decisions can be the difference between financial success and costly setbacks. Our proven track record in defending and prosecuting securities fraud and negligent disclosure actions speaks for itself. Don’t risk your investments. Partner with TALG for tailored legal strategies that safeguard your financial goals: https://lnkd.in/eZzBR3As #SecuritiesCompliance #Litigation #LegalExperts

On August 14, the U.S. Securities and Exchange Commission (SEC) announced charges against 26 firms, including broker-dealers and investment advisers, for widespread recordkeeping failures. These violations have resulted in a total of $392.75 million in civil penalties. Key highlights: - Self-Reporting Benefits: Three firms that self-reported violations received reduced penalties. - Firms Penalized: Notable penalties include $50 million each for Ameriprise Financial Services, Edward Jones, LPL Financial, and Raymond James. - Off-Channel Communications: The charges stem from firms' use of unapproved communication methods, depriving the SEC of vital records during investigations. Stay updated with Global Regulatory Insights for the latest on financial regulations and enforcement actions. #SEC #Compliance #FinancialRegulation #GRI

Historically, in business combination transactions, there has been no requirement under SEC rules to provide security holders with a minimum amount of time to consider proxy statement or other disclosures. Rather the only requirements came from state law. #SecuritiesLawBlog #SEC #SPAC #ALCLAW

We understand the complexities of SEC regulations. Our team of experts provides comprehensive solutions, including EDGAR conversion, XBRL tagging, and typesetting, ensuring your filings are accurate and efficient. #FileWithConfidence #SEC #FinancialReporting #CapitalMarkets #Compliance

Historically, in business combination transactions, there has been no requirement under SEC rules to provide security holders with a minimum amount of time to consider proxy statement or other disclosures. Rather the only requirements came from state law. #SecuritiesLawBlog #SEC #SPAC #ALCLAW

Historically, in business combination transactions, there has been no requirement under SEC rules to provide security holders with a minimum amount of time to consider proxy statement or other disclosures. Rather the only requirements came from state law. #SecuritiesLawBlog #SEC #SPAC #ALCLAW