Compliance Newsflash – September 14, 2018

September 14, 2018

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SEC Announces Elad Roisman Sworn In As SEC Commissioner

On September 5, 2018, Elad L. Roisman was sworn into office as an SEC Commissioner by SEC Chairman Jay Clayton.  Mr. Roisman was nominated to the SEC by President Donald J. Trump and his nomination was confirmed by the U.S. Senate. “It is my honor to welcome Elad back to the Commission,” said SEC Chairman Jay Clayton. “Elad’s broad experience and previous work at the Commission will serve Main Street investors and our markets well.” “I am excited to have the opportunity to be back working with the talented and hardworking people at the SEC, as well as with my fellow Commissioners,” said Commissioner Roisman. “I look forward to engaging with them and the public to carry out the SEC’s important mission.”

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FINRA Announces CE Council and FINRA Request Comment on Potential Enhancements for the Securities Industry Continuing Education Program

On September 6, 2018, the Securities Industry/Regulatory Council on Continuing Education (CE Council) was seeking comment on enhancements under consideration for the continuing education requirements for registered persons.  The CE Council-which is composed of representatives of the securities industry and securities industry self-regulatory organizations (SROs), including FINRA-develops uniform continuing education requirements for registered persons of broker-dealers (CE Program). Liaisons from the North American Securities Administrators Association and the U.S. Securities and Exchange Commission also participate in the CE Council meetings.

For more information, click here.