Finance and Banking (Mondaq)

The SEC settled an enforcement action against a firm registered as both a broker-dealer and an investment adviser (the "Registrant") for the Registrant's failure to adopt written policies and procedures reasonably designed to safeguard personal customer information under Rule 30(a) of Regulation S-P (the "Safeguards Rule"). The Safeguards Rule requires registered broker-dealers and advisers, and ...(Click Here to Know More)