OBSERV stays on top of company communications in a unified interface in real time, while capturing all violations in context. For example, when a salesperson sends a message to his or her client, “Are you going to the Super Bowl this year?” this communication would not be considered a violation. However, if the response received is, “I will get tickets”, OBSERV will identify this communication as a potential violation.
OBSERV’s underlying platform understands the meaning and context of the communication unlike technologies that rely solely on filters and lexicons. This enables OBSERV to automatically identify policy violations with a significantly higher accuracy. For example, “Today is a religious holiday.” A keyword or lexicon technology would flag this communications as potentially being discrimination. OBSERV’s ability to understand the context and meaning will not return this as any type of violation.
FINRA is looking at correlations between the series 7 exam and other factors. Scores could possibly be disclosed on Brokercheck in the future.
SEC will review criteria that defines an accredited investor due to concerns that some are not sophisticated enough to participate in private placements.
SCCE and NYSE Governance find that less chief compliance officers are reporting to or working with legal counsels at organizations