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!

March 4, 2021

Poor supervisory procedures cost LPL Financial LLC $6.5M

LPL Financial Services LLC has agreed to pay the Financial Industry Regulatory Authority (FINRA) $6,500,000 in response to an AWC censuring and fining the firm. In […]
March 10, 2021

What’s the SEC looking for this year?

In announcing its 2021 Examination Priorities, the Securities and Exchange Commission’s (SEC) Division of Examinations says it will be focusing on climate-related risks in addition to […]
March 18, 2021

Can you commit financial fraud by Tweet?

Yes, you can. The Securities and Exchange Commission (SEC) announced fraud charges, an asset freeze, and other emergency relief against an Irvine, California-based trader who used […]
March 25, 2021

Goldman Sachs fined $1.25M for compliance lapses

The Financial Industry Regulatory Authority (FINRA) issued a Letter of Acceptance, Waiver, and Consent (AWC), censuring and fining Goldman Sachs & Company $1,250,000. Why did FINRA […]
April 2, 2021

Coinbase settles $6.5M CFTC fine for inaccurate reporting and wash trading

According to Reporter Jaclyn Jaeger, writing in ComplianceWeek, Coinbase, a digital currency exchange operator, has agreed to pay a $6.5 million civil penalty to settle charges […]