news

THE TUSK VOLUME 6: Bits of Compliance Advice from Elinphant

Introduction As August comes to an end we are saying goodbye to our inaugural team of summer interns. These six young women and men inspired all of us at Elinphant with their enthusiasm, knowledge and willingness to learn. We are very grateful for the work they did, whether it was applying for trademarks, doing Blue…Read More

Supervision Survey On-Demand Webinar

Financial services organizations are required by FINRA and SEC rules to review electronic correspondence to ensure that communications follow regulatory rules. But there is not a specific set of supervision procedures used by the industry.

Read More

Brokers’ Contingency Planning for a Remote Workforce is Critical in the Age of Coronavirus

The spread of COVID-19 continues, with more than 3,600 deaths worldwide from the coronavirus. There have been more than 106,000 cases confirmed, with parts of China and Italy quarantined. Both the Futures Industry Association and SIFMA cancelled their annual conferences in Florida this month. The crisis has everyone from school administrators to government officials to…Read More

Strzok-Page Text Lawsuits Contain Lessons for Compliance

Last year, former FBI special agent Peter Strzok and former FBI lawyer Lisa Page both brought lawsuits against the agency and the Department of Justice, accusing the government of privacy violations. The lawsuits were based on the public release of 375 texts the two had sent to each other. Putting aside the politics of the…Read More

Compiling an Efficient and Substantive Annual Compliance Report

With March deadlines looming, is your organization ready to provide a substantive annual compliance report? Join Elin Cherry from Elinphant LLC for helpful guidance on how to efficiently and effectively compile your annual compliance report. The topics will include: * Using compliance technology to bolster your report by providing supporting evidence for your conclusions* Recommended…Read More

Key Takeaways from SEC & FINRA 2020 Priorities Letter

Now that the SEC & FINRA 2020 examination priorities letters have been released, we will take a closer look at the trends in 2019 and what to look for in 2020. In the letters, the regulators highlighted their top priorities while reminding firms of the need to adopt comprehensive supervisory processes that will ensure compliance…Read More

THE TUSK: Bits of Compliance Advice from Elinphant

Welcome to the inaugural edition of The Tusk, my personal perspective on current issues that we all face in compliance. My goal is not just to summarize new regulatory developments but to offer comments that are practical and tactical. I hope you enjoy. Reflections I think it’s time for regulators to reconsider whether it makes sense for firms…Read More

Your Employees Are Probably In The Crypto Markets. Here’s What To Do

This week, Elinphant CEO Elin Cherry lends us her expertise in handling this increasingly common situation Cryptocurrency has arrived in force, and it's not just Bitcoin anymore. Coinmarketcap.com, a market tracker, currently lists 1577 cryptocurrencies being traded on 10417 cryptocurrency exchanges, with an emphasis on currently. Check back tomorrow and either number may have gone up, or…Read More

Cryptocurrency Employee Trading, Investments and Activities

Employees are participating in the cryptocurrency marketplace and firms need to address and supplement their employee trading, private transaction and outside business activity policies expediently. Although cryptocurrency and the cryptocurrency marketplace are novel, most of the activity is covered within current employee trading, private investments and outside business interests policies. However, many firms have not…Read More