Compliance Updates


Two Roads Software Provides Communication Monitoring Solution for Compliance

Data analytics start up Two Roads Software announces the release of OBSERV, a corporate communication monitoring application available in the Google Apps Marketplace. OBSERV monitoring provides compliance teams with an effective turnkey solution that identifies potential risks within a firm’s electronic communications.  With the ability to understand communication within its context, OBSERV monitors and notifies users in real time of risks based on pre-trained policies. CEO Chris Tambos stated, “With…

Read more

legal scales_gavel(1) Oct 6th

Broker-Dealer Sector Facing New Compliance Challenges

FINRA issues new compliance standards for broker dealer liquidity management The Financial Industry Regulatory Authority (FINRA) has released new guidance on effective liquidity management for the broker-dealer sector. The regulator’s guidance was issued following a review of 43 broker-dealer firms, selected from the 4,000 it regulates. The review concluded that compliance, legal, and audit teams should carefully gauge whether their crisis management systems are equipped to continue operations through a…

Read more


FINRA Releases New Investor Alert

Messaging Apps Become Latest Tool for Insider Dealing Scams A surge in the use of messaging apps by stock fraudsters has prompted FINRA to alert investors of the latest iteration in “pump-and-dump” stock schemes. Scammers have taken to using WhatsApp to send spam messages promoting penny stocks, often appearing from individuals at well-known brokerage firms. The individuals claiming to have inside information send messages touting stocks poised for rapid growth,…

Read more


Fintech Disrupting Banking Industry

Report From World Economic Forum Reveals Fintech Disrupting Banking Industry A recent report by the World Economic Forum revealed that industry disruption caused by fintech innovators are causing big banks to rethink their business models. Entitled “The Future of Financial Services”, the report is a culmination of more than 100 interviews with both fintech startups as well as traditional institutions like Barclays and HSBC. Disruption from fintech has created a…

Read more