Customer Portfolio Margin
An Op-Ed on the topic of Customer Portfolio Margin – Know Before You Go
New York State Bar Association CLE -“Securities Arbitration and Mediation 2017: The Courage to Simplify”.
Paul Carroll served as a panelist at the above conference discussing Supervisory and Clearing Firm Liability. www.nysba.org/WorkArea/DownloadAsset.aspx?id=71436
FINRA arbitration panel awards $1.5M to Claimants in portfolio margin case against IB
Brokers offering portfolio margin enhanced lending to non-professional public customers are being held to a high standard by FINRA panels to make sure their internal processes and risk controls adhere to a strict application of the SEC approved regulations governing this margin program.
Sententia LLC assisted complaint’s counsel in this proceeeding.
See the award on the FINRA database here –
FINRA 2016 Examination Priorities
The included link contains the FINRA 2016 Regulatory and Examination Priorities Letter:
http://www.finra.org/industry/2016-regulatory-and-examination-priorities-letter
Selected topics covered include:
Supervision, Risk Management and Controls
Outsourcing
AML Controls and Suspicious Activity Monitoring
Microcap Securities
Sales Practice
Suitability and Concentration
Seniors and Vulnerable Investors
Financial and Operational Controls
Market-Maker Net Capital Exemptions
Exchange-Traded Funds (ETFs)
Fixed Income Prime Brokerage
Internal Audit
Client Onboarding
Transmittal of Customer Funds
Market Access
Regulation SHO
Sententia Website Launch
Sententia LLC is excited to announce that our new and refreshed website is live. The updated site includes changes to navigation, with drop-down menus for both mobile and desktop devices. We’ve also improved the structure of our content, so you’ll get more from a quick read. Please spend a few minutes to familiarize yourself with the range of services we offer and to get to know our experts.
Sententia LLC offers unique insight into trade execution and clearing; sales practices; investment advisory standards; compliance supervisory controls; FRB Regulation-T & Customer Portfolio Margin securitized lending practices; broker dealer risk management and asset custody & transfer. We focus on software support systems; operational controls and supervisory procedures involving listed equities, options, derivatives, futures and fixed income investment products. Our experts work cohesively as a part of your team to help you achieve your goals. We also assist broker dealers, attorneys and investors with resolving complex disputes including testimony in regulatory investigations, arbitration and mediation.