Journal of Investment Compliance: Volume 2 Issue 2

Money Laundering: It's on the SEC's Radar Screen

LORI A. RICHARDS

The author, Director of the Office of Compliance Inspections and Examinations at the SEC, talks about how the anti‐money laundering laws apply to securities firms while also…

The Future of Stocks: Security Futures in the U.S.

JAMES C. YONG

This article is an exploration of the history of the regulation of stock futures leading up to the recent regulatory resolution in which the regulators (SEC and CFTC) share…

Best Execution: A Look at Rule 11Ac1–5 Compliance and Competitive Analysis

ALAN SHAPIRO

Here you will find practical analysis of the rule and how it will work in the real world. It has a particular application to compliance officers who are charged with that…

VALUATION OF PORTFOLIO SECURITIES: PRACTICES AND PROCEDURES

ANTHONY S. EVANGELISTA, MARYBETH SORADY

Valuation of portfolio securities continues to hold the limelight in the arena of mutual fund regulation. For the last four years, mutual fund regulators have repeatedly…

Recent Developments in Selection of Lead Counsel and Plaintiff under the Private Securities Litigation Reform Act

LOREN SCHECHTER, CHRISTINE BUTTON

There have been some recent and definitive developments in the selection of lead counsel and plaintiffs in class actions under the Private Securities Litigation Reform Act. The…

Arbitration of Employment Claims in the Securities Industry: Benefits and Burdens

NEIL G. WOLF, ROBERT P. BRAMNIK

The debate over pre‐dispute arbitration agreements for employment cases continues, despite the recent ruling from the Supreme Court. This article looks at this issue with a…

Telemarketing: A Legitimate Business Tool That State Legislatures Love to Hate

KIMBERLY CHAMBERLAIN, JAMES CHIN

The authors, both employees of the Securities Industry Association, examine the legitimate business tool—telemarketing. They delve into some of the recent criticism and federal…

Registration Can Be a Big Deal for Nontraditional “Broker‐Dealers”

MARK S. SHELTON, ELIZABETH K. DERBES

Much debate has swirled around the issue of registration, regulation or disclosure requirements for financial websites. The authors have put together thoughtful analysis of the…