Fines & Wines
Fines & Wines is a podcast by TRADEliance - a consulting firm for firms in the U.S. financial industry focused on Trading Operations and Compliance issues. Listen in as Jesy and Kat discuss their take on some of the recent disciplinary actions shaping the financial industry over a glass of fine wine. Though these episodes are intended to be casual, and a fun take on discussing regulation, our consultants are serious when it comes to helping you out. www.tradeliance.com
Episodes
13 episodes
Enforcement Trends - Year in Review 2024
The TRADEliance consultants have been hard at work this year, so it has been a while since we were able to make a new episode for you. In this episode, Jesy and Kat share their observations regarding FINRA enforcement trends for 2024 in ...
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Season 1
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Episode 13
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19:11
Enforcement Year in Review 2023
This episode focuses on the trends in FINRA Enforcement over the course 2023. TRADEliance discusses a several high level trends before doing a more in depth discussion on two topics: Manipulative Trading and Market Access.
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Season 1
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Episode 12
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25:39
Testing, Testing and More Testing
Listen in as TRADEliance discusses considerations for a robust Testing Plan.Drink every time we say testing…. No, not really, don't do that!We encourage firms to create a testing plan that goes beyond a 3120/206-7 tes...
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Season 1
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Episode 11
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22:44
So an Asset Manager Prices Some Bonds
Totals in Fines: Disgorgement: $11,000,000 + Prejudgment Interest $3,375,072, Firm Civil Penalty: $4,400,000, and Adviser Civil Penalty: $600,000Jesy is drinking wine in the laundry room 😊 RulesInvestment...
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Season 1
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Episode 10
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17:46
Best Ex vs. Fair Pricing vs. Reasonable Comp
This episode takes a slightly different approach! Listen in as TRADEliance discusses the difference between best ex, fair pricing and reasonable compensation while highlighting some cases that support these differences. ...
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Season 1
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Episode 9
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21:11
TRADEliance Takes on FINRA Exam Priorities
Listen to Jesy and Kat discuss the 2023 Report on FINRA's Examination and Risk Monitoring Program!We couldn't cov...
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Season 1
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Episode 8
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32:05
Brainstorming on Regulation Best Execution
Listen in as TRADEliance brainstorms their comment letter for the Regulation Best Execution Proposal! Topics discussed include: The Antifraud Provisions of the Exchange Act as the mechanism for enforcementConflic...
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Season 1
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Episode 7
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15:40
I've Got 99 Problems...And TRACE is All of Them
$675,000 fine for issues related to TRACE Trade Reporting.Let’s start a book club! The ladies are currently reading the Bond King by Mary Childs and had a fangirl moment when she acknowledges them on LinkedinKat and J...
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Season 1
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Episode 6
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18:46
The Problem with Customer Account Statements and Disclosures
$850,000 fine for issues related to statements and required disclosuresThe ladies share their love of Snoop Dogg and the Bond Dealers of America National Fixed Income eventStatements can be hardVendor Oversight is ...
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Season 1
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Episode 5
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21:00
Trade Reporting and the Omission of the Short Sale Indicator
$250,000 for missing trade reporting indicatorsKat finally gets to go to the grocery store Jesy drinks mystery anniversary wineTrade reporting issues due to system programmingSpecification manu...
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Season 1
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Episode 4
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17:45
A Review of the Wall Street WhatsApp Fine-a-pa-looza
$1.1 billion in Fines between 16 firms, most firms being individually fined $125 MillionJesy is a picky pinot drinkerThe girls reminisce on their visit to Woodinville Winery Town in Washington. Thanks Adam!
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Season 1
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Episode 3
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17:43