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Glen Barrentine Commentary by Glen Barrentine

A broker-dealer settled FINRA charges for failing to implement adequate supervisory systems in multiple areas, including compliance with Regulation Best Interest, Form CRS obligations, email monitoring and outside account reviews.

The Government Accountability Office detailed how US regulators played a key role in shaping the Basel III capital standards. The standards, which revise methods for estimating a bank's risks and capital requirements, have not yet been implemented in the US.