RQC Group’s Post

A jury recently sided with the U.S. Securities and Exchange Commission in a case involving “shadow trading”. Although the SEC argued the case itself was not novel, others see it as an expansion of the misappropriation theory of insider trading where the information did not involve the company that was traded and no commercial connection between the companies existed. Click below for more about this in our April 2024 Regulatory Newsletter.... #sec #enforcement #RQCGroup

Our June 2024 Monthly Newsletter is out, covering notable regulatory news from last month in the UK, the EU and the US, and highlighting key dates and deadlines. Click below for our June 2024 Monthly Newsletter.... #MonthlyNewsletter #compliance #fca #sec #nfa #cftc #esma #RQCGroup

Our May 2024 Monthly Newsletter is out, covering notable regulatory news from last month in the UK, the EU and the U.S. and highlighting key dates and deadlines. Click below for our May 2024 Monthly Newsletter.... #MonthlyNewsletter #compliance #fca #sec #nfa #cftc #esma #RQCGroup

Our August 2024 Monthly Newsletter is out, covering notable regulatory news from last month in the UK, the EU and the US. and highlighting key dates and deadlines. Click below for our August 2024 Monthly Newsletter.... #MonthlyNewsletter #compliance #fca #sec #nfa #cftc #esma #RQCGroup

Our September 2024 Monthly Newsletter is out, covering notable regulatory news from last month in the UK, the EU and the US, and highlighting key dates and deadlines. Click below for our September 2024 Monthly Newsletter.... #MonthlyNewsletter #compliance #fca #sec #nfa #cftc #esma #RQCGroup

Our September newsletter is out - get yourself up to speed on trans-Atlantic regulatory developments.

The Financial Conduct Authority recently published Market Watch 79, the latest newsletter in its series on market conduct and transaction reporting issues, which focusses on two themes: • Failures in market abuse surveillance, owing to issues with data and automated alert logic; and • Its peer review of firms’ testing of front-running surveillance models. Click below for more about this in our May 2024 Regulatory Newsletter…. #fca #compliance #RQCGroup

The SEC has announced charges against nine investment advisers as part of an ongoing sweep into the Marketing Rule. Previous violations have mostly focused on hypothetical performance, but these enforcements targeted multiple aspects. They found that all nine firms violated the Marketing Rule’s provisions on truthfulness, substantiation and disclosure and cumulatively fined the firms $1,240,000 in civil penalties. Click below to find out more about this and other regulatory enforcements and news... #SEC #compliance #RQCGroup

As part of the National Futures Association's membership application process and at least annually thereafter, all NFA Members are required to complete the NFA's Member Questionnaire (previously known as the Annual Questionnaire). The NFA has announced modifications to the Questionnaire’s requirements under Compliance Rule 2-52, Interpretive Notice 9082 and amended Bylaw 301, with the changes effective October 15, 2024. Click below for more about this in our May 2024 Regulatory Newsletter.... #nfa #compliance #RQCGroup

The U.S. Securities and Exchange Commission Division of Examinations has unveiled its 2025 priorities, and this year’s focus reflects the SEC's proactive approach to the challenges and opportunities that technological innovation brings. Key areas that were highlighted to pose potential risk to investors include: - Investment advisers; - Advisers’ compliance program; - Advisers to private funds; and - Investment companies. The 2025 guidelines are not comprehensive; each specific examination will also consider an entity’s history, operations, services, products, and other relevant risk factors. In a shifting financial landscape, understanding these priorities is essential. Click below to read our full article to learn how they could impact your role and responsibilities in 2025… #SEC