- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Even as new rules on consolidation take hold in 2016, the Financial Accounting Standards Board is proposing a tweak to the guidance, and it might propose more change in the future. Tammy Whitehouse has more.
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Robinhood, a disruptive force in the market for Main Street investors but also a serial offender of securities laws, will pay a total of $45 million to settle numerous violations of SEC rules and regulations by two of its broker-dealers.
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities and Exchange Commission to settle allegations that its traders issued misleading disclosures on bonds for three years, causing $19 million in harm to its customers.
A cannabis company agreed to pay $225,000 to settle allegations that funds were temporarily deposited into its year-end accounts for the sole purpose of inflating year-end cash, the Securities and Exchange Commission said.
