How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.
Wedbush pays $8.1M for improper handling of ADRs
In the eleventh in a series of Securities and Exchange Commission actions focusing on improper handling of "pre-released" American Depositary Receipts (ADRs), the Commission has issued an Order requiring Wedbush Securities Inc. to pay more than $8.1 million to settle charges. This action brings the total monetary settlements in the series of ADR-related cases to over $422 million.