The companies, products and regulatory developments shaping the broker industry.
The bank identified a statutory disqualification and sought relief, but the SEC says at least 800 U.S. security-based swap transactions were effected or supervised before approval.
The exchange’s immediately effective filing lifts the annual per-recipient threshold from $100 and imports FINRA-style rules for valuation, aggregation, supervision and limited exclusions.
SEBI and the Bank of England have agreed to cooperate on oversight of SEBI-recognised clearing corporations; the MoU does not itself license clearing members or exempt overseas firms.
Reports of the settlement describe more than 3.5 million communications missed by supervision controls, including a migration failure affecting 275 associated people.
A 23 October supervisory speech says the Irish regulator is seeing unrecognised customer complaints, repeat calls and weak root-cause analysis across retail sectors. It expects firms to embed the revised Consumer Protection Code, not create new rules by speech.
The review covers eight aggregator groups and finds gaps in recommendation records, supervision and complaints handling. Its targeted loan samples do not measure a national breach rate.
The 23 October release brings together measures imposed from April to October and a wider information review involving around 900 registered firms.
The settled case shows how a recognised restriction can fail when dealing access and desk responsibilities continue unchanged.
Rule 3290 will replace Rules 3270 and 3280, focusing the framework on investment-related work and outside securities transactions. FINRA still has to announce its effective date, while firms can prepare the new notice and supervision processes.
The consultation joins proportionate requirements and reusable reporting data with a review of why international reforms are implemented unevenly. Responses close on 8 January 2027.
The $800,000 settlement turns account-opening discrepancies, concentrated allocations and post-IPO trading into one connected supervisory problem.