SEC Warns on Penny Stocks, Compliance Programs

By Matt Kelly | March 30, 2021 |
penny stocks

Broker-dealer firms have another warning from the SEC to do better with AML compliance and suspicious activity reporting, and particularly to do better with customers’ trading in penny stocks and acting on known red flags with that type of transaction. The message came from the SEC’s Division of Examinations, which published its latest risk alert…

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Massachusetts’ Covid-19 Attestation

By Matt Kelly | May 18, 2020 |
vaccination

The state of Massachusetts has unveiled its plans to resume business activity after 10 weeks of Covid-19 lockdown, complete with a step that compliance professionals may see more often: a compliance attestation poster that every business will need to display publicly and prominently.  The poster certifies that the business in question has taken four steps…

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