Topic
Record Keeping
223 published works
Shufti Pro Blog
SEC Charges $79 Million Penalties on Broker Companies for Deficiencies in Recordkeeping
By Richard M.
The Security and Exchange Commission (SEC) has imposed $79 million worth of penalties on brokerage firms due to inadequate AML regulations and shortcomings in recordkeeping. The SEC issued charges against…
Association Alert
Minutes of Meetings – What You Need to Record
By Daniel Miske
About twenty years ago my friend attorney Jonathan Levine wrote a handout that was entitled “MINUTES…NOT HOURS!” It gave a great account of what was and what was not needed…
The Securities Law Blog
SEC Charges Two Credit Rating Agencies, DBRS and KBRA, with Longstanding Recordkeeping Failures
The Securities and Exchange Commission today announced charges against credit rating agencies DBRS Inc. and Kroll Bond Rating Agency, LLC (KBRA) for longstanding failures to preserve electronic records, including off-channel…
Eye On Privacy
The Comprehensive Privacy Law Deluge: Record-Keeping and Related Requirements
By Liisa Thomas, Kathryn Smith
It’s been a busy summer for US state privacy laws, and companies now need to keep track of a growing list of requirements from these laws. These include many we…
FCPA Professor
“This Is Wrong” And “Callous” – CFTC Commissioner Unleashes On Enforcement Action Based On Record Keeping Issues During The Height Of Covid
By Mike Koehler
This post has little to do with the Foreign Corrupt Practices Act specifically. However, during the early months of Covid in Spring 2020, this post highlighted how the standard in…
Media & Privacy Risk Report
Regulatory Scrutiny of “Off-Channel” Communications Continues: 11 Wall Street Firms Agree to Pay the SEC $289 Million in Civil Money Penalties for Recordkeeping Violations
By Brooke Conner, Jason Sobelman, Lindley Savage
On August 8, 2023, the United States Securities and Exchange Commission (the “SEC” or the “Commission”) announced that 11 Wall Street firms (10 broker-dealer firms and one dually-registered investment adviser)…
Federal Regulatory & Enforcement Insider
Regulatory Scrutiny of “Off-Channel” Communications Continues: 11 Wall Street Firms Agree to Pay the SEC $289 Million in Civil Money Penalties for Recordkeeping Violations
By Brooke Conner, Jason Sobelman
On August 8, 2023, the United States Securities and Exchange Commission (the “SEC” or the “Commission”) announced that 11 Wall Street firms (10 broker-dealer firms and one dually-registered investment adviser)…
Wonkology
Clerk of the House
By James Conway, Jack Jacobson, Christopher Murray
An officer of the House of Representatives responsible for recordkeeping, correspondence, tracking floor proceedings, and managing the offices and staff of deceased or retiring members. Who’s the Boss? The clerk of the…
Workplace Safety and Environmental Law Alert Blog
OSHA Expands Electronic Injury/Illness Data Reporting and Recordkeeping Requirements
By Adam R. Young, Daniel R. Birnbaum, Matthew A. Sloan, James L. Curtis, and Craig B. Simonsen Seyfarth Synopsis: OSHA has announced new rules requiring a broad range of employers to…
White Collar & Government Enforcement Blog
SEC Shifts Focus on Employees’ Off-Channel Business Communications to Investment Advisers
By Michael Gilbert, Bill Mateja, Christopher Bosch, Jason Hoggan, Kate Rumsey, Meghan Stuer
Over the last year, the U.S. Securities and Exchange Commission (“SEC”) has been laser-focused on the use of personal devices by employees of the large Wall Street banks to conduct company business. The…