Publisher's Synopsis
Responding quickly to the SEC and NASDs increased scrutiny of brokerage firms in this era of intense regulatory oversight, the new Broker-Dealer Regulation is the first complete and current compliance guide to target these major investment players. Updated regularly to keep you on top of every new requirement relevant to broker-dealers and associated attorneys, compliance professionals, and risk officers, Broker-Dealer Regulation helps you to:. Satisfy federal and state laws and regulations governing broker-dealers. . Comply with rules established by the NASD, NYSE, and other self-regulatory organisations (SROs). . Meet 'suitability,' 'best execution,' and other duties and responsibilities to clients. . Develop a total, customised program of risk assessment, supervision, and internal controls to detect and prevent wrongdoing. . Promote your firm within the bounds of specific advertising guidelines. . Comply with the different federal and SRO guidelines on the extension of credit. . Use successful affirmative defenses against various claims. . Avoid negligence, recklessness, unauthorised trading, churning, frontrunning, insider trading, and other legal missteps.
