Each month, we publish the Securities Operations Regulatory Update (SORU)
as part of our Regulatory Compliance Service.
The SORU is the premier monthly guide to pending regulatory changes relevant to securities operations. Within it you will find updates on key regulatory issues important to securities operations professionals, helpful synopses to better understand reasoning and implications behind new legislation and regulatory changes, and access to critical information regarding impacts to your compliance programs and regulatory requirements.
Despite the disruptions caused by the COVID pandemic, the SEC and FINRA have completed a number of significant enforcement actions, many of which could have been avoided with more thorough testing of firm systems and systems changes. Also, changes to the shareholder proposal process will be considered at the SEC’s upcoming virtual open meeting.
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