• FINRA’s  expungement  process  provides  a  way  for  registered representatives to remove information about customer complaints and arbitrations from FINRA’s Central Registration Depository (CRD) system.  The system serves as the central licensing and registration system for the U.S. securities industry.

  • Three members of Murphy & McGonigle’s Commodities, Futures & Derivatives Practice will have prominent speaking roles at this week’s FIA Law & Compliance Division Conference 2020 (Oct. 7-9). The annual conference, held virtually this year, provides a forum to explore recent legal and regulatory precedents affecting the futures, options and centrally cleared derivatives markets.

  • On September 16, 2020, the Securities and Exchange Commission (“SEC”) adopted extensive amendments to Rule 15c2-11 (“Rule”)  under the Securities Exchange Act of 1934 (“Exchange Act”).   The Rule governs the publication of quotations for securities in the over-the-counter (“OTC”) market, which consists largely of smaller companies and retail investors.   Although the amended Rule becomes effective 60 days after publication in the Federal Register, compliance with the new provisions is not required until 9 months after the publication date to allow market participants and investors to adjust to the new OTC world.

  • Murphy & McGonigle has been honored by the Interfaith Action for Human Rights (IAHR) for the pro bono legal services of Shareholder Lionel Andre, a member of White Collar Defense, Investigations & Compliance Counseling Practice on behalf of at-risk, incarcerated prisoners.

  • FIA Law and Compliance Virtual Conference
    10/07/2020 - 10/09/2020 | (09/14/2020)

    Members of Murphy & McGonigle’s Commodities, Futures & Derivatives Practice will have prominent speaking roles at the upcoming FIA Law & Compliance Division virtual conference.

  • This article addresses the question of how the Supreme Court’s recent decision in Liu v. SEC may affect the ability of the Securities and Exchange Commission to obtain disgorgement in enforcement actions alleging violations of Rule 105 of Regulation M.