February 2026 marked a significant shift in how the FCA communicates with regulated firms. In place of more than 40 individual portfolio letters, the regulator launched a suite of annual, sector-specific Regulatory Priorities reports—beginning with insurance on 24 February and expanding…
Reflections from the SIFMA C&L Annual Seminar
The SIFMA Compliance & Legal Annual Seminar is, year after year, the preeminent gathering for compliance and legal professionals across financial services and this year’s conference did not disappoint. Held in Orlando, the event brought together expert industry and regulatory speakers…
Reconciliation: Building a Trusted Data Foundation for Modern Communications Governance
A fundamental shift is underway in how regulated organizations approach recordkeeping. As hybrid work, AI-powered interactions, and multichannel communications have become the norm, the bar has moved beyond capture alone. Today, firms need confidence that every record is captured accurately, completely,…
FINRA’s 2026 Oversight Report: Essential Guidance on GenAI Governance and Off-Channel Communications
The release of FINRA’s 2026 Annual Regulatory Oversight Report (the “Report”) outlines a set of key priorities for the upcoming year’s examination and enforcement priorities. This year, the Report delivers critical regulatory clarity on two compliance challenges facing broker-dealers: governing and…
Modern Approaches to Information Barriers for Finance
As enterprise communications technologies have evolved, the challenge of managing business activities and enforcing rules for communication between groups has grown increasingly complex. This challenge is particularly pronounced in the financial industry, where the stakes are high, and the regulatory landscape…
Bloomberg Law: SEC’s Recordkeeping Fines Offer Lessons to Compliance Officers
Theta Lake’s Marc Gilman analyzes practical ways compliance offers can avoid pitfalls of off-channel communications and recordkeeping by employees. The Securities and Exchange Commission announced that 16 firms—comprising broker-dealers, investment advisers, and dually registered entities—were being fined over $81 million for…
Bloomberg Law: New FINRA Guidance Reflects Focus on Off-Channel Communications
Theta Lake’s Marc Gilman examines best practices for compliance officers after release of FINRA’s 2024 Annual Regulatory Oversight Report, which introduces new expectations for off-channel communications policies. The Financial Industry Regulatory Authority published its 2024 Annual Regulatory Oversight Report Jan. 9,…
The Securities Compliance Podcast: The Intersection of AI and Compliance
Welcome back to the Compliance in Context Podcast! on today’s show, we take a look at one of the most-talked about subjects over the last twelve months, namely artificial intelligence, and expert Marc Gilman will help us further examine the…
