Compliance News

The Patrina Newsroom

Staying up to date with the changes and developing trends in the world of compliance is vital to reducing your exposure to risk and non-compliance. Each week our team searches for topics that are important to our regulatory environment and creates articles that will inform and educate our readers. Our intent is not to single out any businesses because of their lack of oversight, but to merely keep our readers abreast of the developing trends in regulatory compliance. Staying out of the regulators’ crosshairs is challenging and we hope the articles we share are informative and help you to strength your compliance initiatives.

Your thoughts and comments are greatly appreciated!

October 28, 2020

USAA’s regulatory troubles now include an $85K OCC fine

USAA’s regulatory troubles now include an $85K OCC fine  Things are just getting worse and worse for USAA Federal Savings Bank compliance.  This week, the Office […]
November 5, 2020

SEC had a busy 2020, and the year’s not over!

SEC Division of Enforcement Publishes Annual Report for Fiscal Year 2020 FOR IMMEDIATE RELEASE The Securities and Exchange Commission’s (SEC) Division of Enforcement has been very […]
November 19, 2020

Have you seen this advisor?

Is this the stuff of Hollywood? The Federal Bureau of Investigations (FBI), the Securities and Exchange Commission (SEC), and a slew of disgruntled clients are looking […]
December 3, 2020

SEC warns RIAs to step up compliance programs

The Securities and Exchange Commission (SEC) has issued a Risk Alert that reflects issues identified in a sample of deficiency letters from recent adviser exams and […]
December 9, 2020

Granite state reaches record $26,350,000 settlement with Merrill Lynch

The New Hampshire Bureau of Securities Regulation has instituted its largest monetary sanction in the Bureau’s history. In settling its case against New York-based broker-dealer Merrill […]