FINRA warned its members to use caution when transferring a customer account to another firm through the National Securities Clearing Corporation's Automated Customer Account Transfer Service due to an increase in fraudulent transfer requests.

Join us at @StarCompliance’s Synergy ’22 Conference in Washington D.C. October 23-25, 2022 for keynote: The SEC’s Rule Proposal Hurricane: Inside The Eye Of The Storm delivered by Steven Lofchie.

A designated contracts market settled CFTC charges for failing to establish a risk analysis program designed to minimize operational risk related to cybersecurity and cyber resiliency.

In extensive comments, the GFMA, FIA, the Institute of International Finance, ISDA, the Bank Policy Institute, the International Capital Markets Association and the Financial Services Forum expressed support for the Basel Committee on Banking Supervision design of a prudential framework for the treatment of cryptoasset exposures.

A broker-dealer settled FINRA charges for best execution and supervisory violations.