{"id":1153,"date":"2021-08-08T20:19:15","date_gmt":"2021-08-08T20:19:15","guid":{"rendered":"http:\/\/localhost\/?p=1153"},"modified":"2021-08-09T20:30:21","modified_gmt":"2021-08-09T20:30:21","slug":"secs-division-of-enforcement-is-not-taking-a-summer-break-finra-speaks-on-best-execution-margin-requirements-and-private-placements-new-definition-of-qualified-client-takes-effect-and-more","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2021\/08\/08\/secs-division-of-enforcement-is-not-taking-a-summer-break-finra-speaks-on-best-execution-margin-requirements-and-private-placements-new-definition-of-qualified-client-takes-effect-and-more\/","title":{"rendered":"SEC\u2019s Division of Enforcement is Not Taking a Summer Break, FINRA Speaks on Best Execution, Margin Requirements and Private Placements, New Definition of Qualified Client Takes Effect and More"},"content":{"rendered":"<p>August Regulatory Updates from\u00a0<a href=\"https:\/\/www.hardincompliance.com\/team\/cari-a-hopfensperger\/\">Cari Hopsfenperger<\/a>\u00a0at Hardin Compliance Consulting LLC.<\/p>\n<p><strong>Topics include:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/home.treasury.gov\/system\/files\/126\/eo_cmic.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Trading Restrictions Impacting Chinese Military Companies Persist but Modified Under New Executive Order<\/strong><\/a><\/li>\n<li><strong><a href=\"https:\/\/leg.colorado.gov\/sites\/default\/files\/2021a_190_signed.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Colorado Becomes the Third U.S. State to Pass Comprehensive Data Privacy Act<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.sec.gov\/rules\/other\/2021\/ia-5756.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">SEC Adopts Inflation-Adjusted Threshold for Qualified Clients<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.nfa.futures.org\/news\/newsNotice.asp?ArticleID=5380\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Amended CPO Form-PQR Filing Requirements are Effective<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/www.finra.org\/sites\/default\/files\/2021-06\/Regulatory-Notice-21-23.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Keeping Current with Best Execution and Payment for Order Flow<\/strong><\/a><\/li>\n<li><strong><a href=\"https:\/\/www.finra.org\/rules-guidance\/guidance\/interpretations-finras-margin-rule\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Changes to Interpretations of FINRA\u2019s Margin Rule<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.finra.org\/rules-guidance\/notices\/21-26\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Private Placement Filing Requirements Updated to Include Retail Communications<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.finra.org\/media-center\/newsreleases\/2021\/finra-orders-record-financial-penalties-against-robinhood-financial\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">And the Award for Largest Financial Penalty Ever Issued by FINRA Goes to\u2026<\/a>\u00a0<\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2021\/34-92382.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Auditors Charged with Widespread Private Fund Audit Failures<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2021\/33-10954.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>TIAA CREF Learns Greed is Not So Good, Paying $97 Million Fine for Disclosure Failures<\/strong><\/a><\/li>\n<li><a href=\"http:\/\/placemarker\/\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>SEC Continues to Hammer Advisors on Disclosure Failures in Revenue Sharing Cases<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2021\/34-92237.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Does Your Compliance Manual Violate Whistleblower Rules<\/strong><\/a><strong>?<\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.hardincompliance.com\/blog\/regulatory-updates\/secs-division-of-enforcement-is-not-taking-a-summer-break-finra-speaks-on-best-execution-margin-requirements-and-private-placements-new-definition-of-qualified-client-takes-effect-and-more\/\">Read more here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>August Regulatory Updates from\u00a0Cari Hopsfenperger\u00a0at Hardin Compliance Consulting LLC. Topics include: Trading Restrictions Impacting Chinese Military Companies Persist but Modified Under New Executive Order Colorado Becomes the Third U.S. State to Pass Comprehensive Data Privacy Act SEC Adopts Inflation-Adjusted Threshold for Qualified Clients Amended CPO Form-PQR Filing Requirements are Effective Keeping Current with Best Execution &hellip; <a href=\"https:\/\/bdia.pli.edu\/index.php\/2021\/08\/08\/secs-division-of-enforcement-is-not-taking-a-summer-break-finra-speaks-on-best-execution-margin-requirements-and-private-placements-new-definition-of-qualified-client-takes-effect-and-more\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">SEC\u2019s Division of Enforcement is Not Taking a Summer Break, FINRA Speaks on Best Execution, Margin Requirements and Private Placements, New Definition of Qualified Client Takes Effect and More<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":90,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,24,21,22],"tags":[],"class_list":["post-1153","post","type-post","status-publish","format-standard","hentry","category-compliance","category-enforcement","category-regulatory","category-standard-of-care"],"aioseo_notices":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=1153"}],"version-history":[{"count":0,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1153\/revisions"}],"wp:attachment":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=1153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=1153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=1153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}