by Oscar Jofre | Sep 13, 2021 | Broker Dealer, Capital Markets, Capital Raising, Compliance, FINRA
Broker-dealers are an essential part of the fundraising process. These entities can be small, independent firms or part of a large investment bank. However, regardless of a broker-dealer’s size, they are in the business of buying or selling securities. In this...
by Oscar Jofre | Aug 13, 2021 | Broker Dealer, Capital Markets, Capital Raising, Compliance, FINRA, Legal, Regulation, SEC
Previously, we have talked about KYC or Know Your Client. KYC is a rule from the non-profit Financial Industry Regulatory Authority (FINRA), created in the United States in 2007, in response to the growing fears of economic collapse that could come from underregulated...
by Oscar Jofre | Aug 11, 2021 | Broker Dealer, Capital Markets, Capital Raising, Compliance, FINRA, Legal, SEC
By definition, a fiduciary is a person or an organization who holds a legal or ethical relationship of trust with another person or organization. Typically, this has to do with the responsibility or duty in a financial sense. As an adjective, it gets defined by the...
by Oscar Jofre | Aug 9, 2021 | Broker Dealer, Capital Markets, Compliance, FINRA, Legal, Regulation, SEC
Money laundering is a global issue, with the United Nations estimating that between $800 billion and $2 Trillion are laundered each year, with 90% of this estimation remaining undetected. Money laundering is the act of taking money obtained through illegal activities...
by Oscar Jofre | Jul 21, 2021 | Broker-dealers, Investors, Issuers
In 2007, the SEC approved the founding of the non-profit Financial Industry Regulatory Authority (FINRA). FINRA was created in the wake of a failing economy to consolidate the regulation of securities firms operating in the United States. The...
