Tags » Broker-Dealer

SEC Issues Cease and Desist Order To “EB-5” Investment Companies For Acting As Unregistered Broker-Dealers – Why It Matters To The Crowdfunding Industry

Last week the U.S. Securities and Exchange Commission (SEC) issued  a Cease and Desist Order (the “Order”) against two related companies for acting as unregistered broker-dealers in connection with the sale of securities under the “EB-5” Investor Program ( 1,454 more words

Gen Crowdfunding

Here's Why Wall Street is Losing Prospective Financial Advisors

Wall Street careers are no longer considered hot by many young people. Recent college graduates are increasingly choosing careers other than Wall Street.

Droves of bright young professionals, many with finance degrees, are rejecting — with a mixture of trepidation and rage — a prospective banking career.

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Simpson Thacher discusses SEC and FINRA Report on Cybersecurity Sweep Examinations and SEC's Cybersecurity Guidance Update

The SEC issued a National Exam Program risk alert summarizing OCIE’s cybersecurity examination sweep of advisers and broker-dealers on February 3, 2015 (SEC Risk Alert). On the same day, FINRA issued its report on cybersecurity practices of broker-dealers, based on its own sweep examination (FINRA Report). 1,539 more words

Securities Regulation


While many see tax season as a dreaded time of year, it provides investors with an independent review of their trading. All too often an unsuspecting investor has no idea that his/her account is being improperly traded. 437 more words

Morrison & Foerster discusses 2014 SEC Annual Conference Highlights and Plans for 2015

With Chair Mary Jo White in her second year at the helm, the Securities and Exchange Commission showcased its efforts, improvements, and enforcement successes at this year’s SEC Speaks Conference. 1,831 more words

Securities Regulation

Why the Jobs Act Broker-Dealer Exception Doesn’t Matter (Much)

Under section 201(c) of the JOBS Act, an electronic platform is not required to register as a broker-dealer solely because the platform offers securities under Title II, co-invests in the securities, or provides due diligence services or standardized documents. 650 more words