♦Failure to Train Comes at a Price♦ New York Mercantile Exchange Business Conduct Committee panels issued three disciplinary actions effective last Friday that highlight the consequences of inadequate employee training. In an $85,000 settlement relating to block trade reporting and recordkeeping deficiencies, the panel…

  ♦Avoid the Failure-to-Supervise Trap♦ Increasingly, regulators are viewing a failure to train employees as a supervisory lapse. For example, disciplinary actions issued Jan. 30 by the NYMEX Business Conduct Committee included fines of $70,000 and $60,000 against two firms for block trade reporting violations…

  ♦Anti-Money Laundering audits is all they do!♦ As you know, an independent AML performance test is one of the five pillars of an effective AML program. Our affiliate EA Compliance performs AML audits for Broker/Dealers, Registered Investment Advisors, Introducing Brokers, Futures Commission Merchants and…

♦Market Manipulators are Playing with Fire♦ The Commodity Futures Trading Commission's Division of Enforcement delivered a strong message to derivatives market participants in its Annual Report released earlier this month: Market misconduct will not be tolerated. CFTC enforcement has been ramping up in recent years,…

  ♦You're Still on Schedule to Deliver 2019 Cybersecurity Training♦ If your firm's employees have access to computers or the physical premises (a.k.a. just about everyone), you are obligated to provide Cybersecurity training to them annually. If you've delayed training in 2019, not to worry.…

  ♦AML Training for Habitat for Humanity Greater Orlando & Osceola County♦ Exchange Analytics was delighted to provide its "Anti-Money Laundering for Retail Mortgage Lenders and  Originators" course to Habitat for Humanity Greater Orlando & Osceola County at no charge. The Habitat Orlando & Osceola…

  ♦Perspectives from Marketswiki Education World of Opportunity♦ John Lothian Productions has just released a video of the July 16 presentation by Exchange Analytics president Larry Israel at the Marketswiki Education's World of Opportunity event. Larry drew on 45 years of futures industry experience to…

♦New Anti-Money Laundering Course for Mortgage Brokers & Lenders♦ Our new AML course for Retail Mortgage Originators and Lenders was written by two Certified Anti-Money Laundering Specialists (CAMS). This is a major release with expanded content and updates on recent mortgage fraud cases. The U.S.…