Compliance Newsflash – August 29, 2018

August 31, 2018

August 29, 2018

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 Announces Agenda for Sept. 13 Investor Advisory Committee Meeting

On August 24 2018, the Securities and Exchange Commission  (SEC) announced the agenda for the Sept. 13 meeting of its Investor Advisory Committee (IAC). The meeting will begin at 9:00 a.m. in the Multipurpose Room at SEC headquarters at 100 F Street, NE, Washington, D.C., and is open to the public. The meeting will be webcast live and archived on the committee’s website for later viewing.

For more information, click here.

FINRA Announces Governor Elections

On August 28, 2018,  FINRA announced the election of three Governors to its Board of Governors:

  • Timothy C. Scheve, President and Chief Executive Officer of Janney Montgomery Scott LLC, was elected by large firms as a Large Firm Governor, one of three representatives of large firms on the Board. Scheve joined the FINRA Board of Governors in April, when he was appointed to fill an unexpired term.
  • FINRA mid-size firms re-elected Brian J. Kovack, Co-Founder & President of Kovack Securities, Inc., as the Mid-Size Firm Governor. Kovack was first elected to the Board in 2015, and serves as its sole mid-size firm representative.
  • FINRA small firms elected Paige W. Pierce, Senior Vice President of Larimer Capital Corp., as one of three small firm representatives on the Board of Governors. Pierce is a former chair of the FINRA Small Firm Advisory Committee (SFAC).

For more information, click here.