Overview

Updated to ensure coverage of the latest laws and regulations governing broker-dealers, the second edition of Broker-Dealer Regulation provides comprehensive and practical overview of the many requirements of this highly regulated area. This four-volume work instructs on how brokerage firms can satisfy SEC/SRO standards, with detailed coverage of: registration reporting and record-keeping rules; suitability and best execution standards; ways of minimizing liability in the event of legal lapses, by documenting good-faith compliance efforts; and the implementation of a tailor-made compliance program that can help detect and prevent illegal conduct within the firm. Broker-Dealer Regulation is filled with practical suggestions on how to best comply with requirements in such areas as electronic trading, safeguarding customer information, trading desk activities, and business continuity planning. Updated at least once a year, Broker-Dealer Regulation is an invaluable resource for broker-dealers, securities attorneys, compliance officers, and regulators.

Publication Date: November 2011
Last Updated: November 2024
ISBN: 9781402416897
Page Count: 6,234 pages
Number of Volumes: 4
Topics
Broker-dealers Regulation, compliance, and enforcement (Securities and other financial products) Investment fund management Practice skills (Securities and other financial products) Securities filings and financial statements
Industries
Securities

Treatise

$737.00

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Contents
View Detailed Contents
  • PART 1: Introduction, Broker-Dealer Status and Registration
  • Chapter 1: Introduction to Broker-Dealer Regulation
  • Chapter 1A: Legal Framework of Broker-Dealer Regulation Under the Securities Exchange Act of 1934
  • Chapter 2: What Is a Broker-Dealer?
  • Chapter 3: Brokers, Dealers and “Finders”
  • Chapter 4: Bank Exemptions from Broker-Dealer Regulation
  • Chapter 5: Broker-Dealer and Associated Person Registration
  • Chapter 5A: State Regulation of Broker-Dealers and Agents
  • Chapter 5B: FINRA Membership
  • PART 2: Supervisory Requirements
  • Chapter 6: Duty to Supervise
  • Chapter 7: Establishment and Maintenance of a Supervisory Structure
  • Chapter 8: Branch Office Supervision
  • Chapter 9: Supervision of Registered Representatives’ Outside Business Activities
  • PART 3: The Customer Relationship
  • Chapter 10: Broker-Dealer Standard of Care
  • Chapter 11: Customer Transactions: Suitability, Unauthorized Trading, and Churning
  • Chapter 12: Advertising and Communications
  • Chapter 13: Customer Accounts
  • PART 4: Compensation Practices
  • Chapter 14: Compensation
  • Chapter 15: Mark-Ups, Mark-Downs, and Fair Pricing
  • PART 5: Regulation of Information
  • Chapter 16: Insider Trading
  • Chapter 17: Research and Research Analysts
  • PART 6: Trading Practices
  • Chapter 18: Electronic Trading
  • Chapter 18A: Short Selling
  • Chapter 19: Best Execution and Customer Order Handling
  • Chapter 20: Soft Dollars and Other Means of Obtaining Business
  • Chapter 21: Trading Desk Activities
  • Chapter 21A: Regulation SCI and Trends in IT and Cybersecurity Regulation, Compliance, and Enforcement
  • Chapter 21B: The Consolidated Audit Trail
  • PART 7: Financial Responsibility
  • Chapter 22: Net Capital, Customer Protection, and Financial Reporting
  • PART 8: Clearing Activities
  • Chapter 23: Reserved
  • Chapter 24: Clearing Broker Liability and Responsibilities
  • Chapter 25: Clearing Arrangements for Introducing Broker-Dealers
  • PART 9: Other Requirements
  • Chapter 26: Anti-Money Laundering Regulations Applicable to Broker-Dealers
  • Chapter 27: Privacy of Client Financial Information
  • Chapter 28: Practical Implications Regarding the Safeguarding of Customer Information
  • Chapter 29: Financial Services Cybersecurity
  • Chapter 30: Business Continuity Planning
  • Chapter 31: SEC and CFTC Whistleblower Rules and Anti-Retaliation Protections
  • PART 10: Compliance, Examinations, And Enforcement
  • Chapter 32: Broker-Dealer Compliance Programs
  • Chapter 32A: Broker-Dealer Chief Compliance Officer Liability
  • Chapter 33: Recordkeeping
Author
Clifford E. KirschEversheds Sutherland (US) LLP

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