Speak To A Live Person:
888.302.4594

Cybersecurity Practices Key Focus for FINRA

 
Monday, January 21 2019
White Paper: Red Oak Compliance Software Helping IT Organizations Sleep Better at Night

  As an IT leader, read the following narrative and see if it sounds familiar. Recently, during a cross-functional project meeting, one of the top departmental executives submitted a project proposal to the group.  The executive said that they had been researching a new business application to fulfill the expanding goals of the department.  They […]

Read more
Thursday, November 15 2018
CASE STUDY: Red Oak Software Integrates with Synthesis Technology for a Major Global Asset Manager

Check out the integrated Compliance Workflow and Content Management solution one of our partner’s, Synthesis Technology, completed for a Leading Global Asset Manager.  A big thanks to everyone at Synthesis for the collaboration! Compliant Pitchbook Creation Case Study Download For more information about Red Oak Compliance Software, partnership and integration opportunities or to schedule a demonstration, […]

Read more
Thursday, February 14 2019
529 Plan Share Class Initiative

Supervision of 529 Savings Plans has become a major focus of FINRA. FINRA has launched a 529 Plan Share Class initiative intended to motivate compliance of 529 Plan rules. FINRA recommends that firms perform a review of their 529 Savings Plans to ensure appropriate mutual fund share classes were recommended and sold to clients based […]

Read more
Monday, February 11 2019
FINRA’s Focus on Elder Abuse

On February 5th, the vice president and associate general counsel at FINRA, James Wrona, said that, “…the next round of exams… [will] look a little more closely” at the efforts of broker-dealers to protect their elderly clients from financial abuse and exploitation. This comes after an ever-growing flood elderly financial abuse cases from all over […]

Read more
Monday, January 21 2019
Cybersecurity Practices Key Focus for FINRA

Submitted by: David Svrcek, Senior Compliance Consultant, Red Oak Compliance Solutions Given the evolving nature, increasing frequency, and sophistication of cybersecurity attacks one can never be too prepared. FINRA has a page devoted to resources one might find useful in developing their cybersecurity practices. Some of these resources include: A Checklist for a Small Firm’s […]

Read more
SEC Warns RIAs After Failing to Comply With Rules Regarding Electronic Communications

OCIE Risk Alert – Recent examination focuses on advisor violations of Books and Records and other Regulatory Compliance Rules. Submitted by: Randy Randall, Senior Compliance Consultant, Red Oak Compliance Solutions The SECs exam division, the Office of Compliance Inspections and Examinations (OCIE) has recently conducted an examination of registered investment advisers (advisers) to better understand […]

Read more
Hidden Fees Come With a Heavy Price – L&C Form ADV Fail!

Submitted by: Joshua Kelly, Compliance Consultant, Red Oak Compliance Solutions On December 12th, the SEC imposed remedial sanctions and issued a cease and desist order against Wisconsin-based investment adviser and broker-dealer Landaas & Company (L&C) and their Chairman and sole owner, Robert Landaas. Between 1999 and March 2017, L&C had received compensation from an unaffiliated […]

Read more
Friday, December 28 2018
Year-End Compliance Wrap Up

  Submitted by: Joshua Kelly, Compliance Consultant, Red Oak Compliance Solutions As 2018 comes to a close and the new year quickly approaches, Red Oak Compliance Solutions has some friendly reminders to help you begin 2019 on a good note. Important Year-End Reminders: The first and most important rule for all investment advisers, you are […]

Read more
TOP 10 REGULATORY ALERTS FOR 2018

The year 2018 was a surprise in many ways.  There was an expectation that the SEC would become less focused on the regulations that many officials found overly onerous. However, it was business as usual at the SEC as they focused on a more rigorous exam schedule and record numbers of enforcement actions. What we […]

Read more