Each month, we publish the Securities Operations Regulatory Update (SORU)
as part of our Regulatory Compliance Service.
FEATURED ISSUE: September 2023
See this month's SORU for additional actions resulting from regulatory sweeps relating to recordkeeping requirements. To date, the SEC has brought 30 enforcement actions and ordered more than $1.5 billion in penalties for compliance failures in this area. Three takeaways from the SEC's Enforcement Director: "self-report, cooperate and remediate."