What does WSP stand for?

From March 1999 to December 2006, MetLife Securities and its affiliate broker-dealers had in place written supervisory procedures mandating that all securities-related emails of brokers be reviewed by a supervisor.

In light of participation by personnel on its taxable desk, a dealer should review written supervisory procedures to make sure that such procedures are broad enough to ensure that neither the dealer nor any of its MFPs (again, taking into consideration the activities of personnel on a taxable desk) is using a payment to a political party (and including a nondealer-controlled PAC) to contribute indirectly to an issuer official.

From March 1999 to December 2006, MetLife Securities and its affiliate broker-dealers had in place written supervisory procedures mandating that all securities-related emails of brokers be reviewed by a supervisor.

Riley Investments has implemented its Policies and Procedures for Broker-Dealers platform, technology that assembles, records and updates broker-dealer written supervisory procedures manuals required by regulators.

4 Supervisory and Compliance Procedures: Rule 2821(d) Member firms must maintain specific written supervisory procedures for complying with Rule 2821.

FINRA also found that Edward Jones failed to keep required records, did not have written supervisory procedures addressing the requirements for delivery of official statements until May 2006, and that those procedures contained incorrect guidance.

As part of the examinations that formed the basis for the Report, the NASD reviewed each firm's written supervisory procedures regarding Rule 3060 and the manner in which the firm supervised and enforced its procedures.

failed to deliver breakpoint discounts during a later review period and continued to fail to have reasonable written supervisory procedures in place to assure that appropriate breakpoint discounts would be delivered to their customers during that later period.