Compliance Newsflash – May 10, 2017

May 11, 2017

DLA is committed to keeping our clients and friends updated on relevant news and topics in the industry by distributing a weekly Compliance Newsflash. We hope this provides you with helpful and insightful information for you and your firm! Join our mailing list by clicking here: DLA Newsflash Registration.

SEC, FINRA Announce National Compliance Outreach Program for Broker-Dealers
On May 3, 2017, FINRA announced that Cybersecurity, investing by seniors, and other regulatory topics of interest will be discussed when the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) hold their National Compliance Outreach Program for Broker-Dealers on July 27.
To read the full article, click here.

Jay Clayton Sworn in as Chairman of SEC
On May 4, 2017, the SEC announced that Jay Clayton was sworn into office by U.S. Supreme Court Justice Anthony M. Kennedy as the 32nd Chairman of the Securities and Exchange Commission.  “It is a tremendous honor to lead the SEC and to be sworn in by Justice Kennedy, whom I greatly admire,” said Chairman Clayton. “The work of the SEC is fundamental to growing the economy, creating jobs, and providing investors and entrepreneurs with a share of the American Dream. I would like to thank Acting Chairman Piwowar for his leadership, and I look forward to working with my fellow Commissioners and the talented SEC staff to ensure that our markets remain the safest and most vibrant markets in the world.”
For more information, click here.