The report says some firms have allowed unmonitored viewing of non-public data and informal interactions among different groups within broker dealers, placing confidentiality at risk.
Read the full article from Lexology.com here.
SEC Identifies Shortcomings in Protecting Client Data
The Security and Exchange Commission’s Office of Compliance Inspections and Examinations has issued a report that identifies common weaknesses in how broker-dealers keep client data confidential, reports Lexology.com.
