Carl Ayers
FINRA takes seriously the idea that research reports must be objective and transparent. And you don’t get a pass just because the information you distributed ...
It’s the ultimate defense: that FINRA lacks the legal authority to enforce securities laws. And that is the nub of a novel complaint recently filed ...
In yet another Dodd-Frank reform, SEC commissioners April 13 voted 2-1 for a final rule that would require security-based swaps dealers and major swap participants ...
It has long been part of ERISA that fiduciaries mustn’t charge excessive fees. The industry begged the Department of Labor in its fiduciary final rule ...
With the Form ADV annual update season officially over for most advisory firms, you can now sample the AUM winners and losers year-over-year (see our ...
We now know why a federal judge last week threw out the Financial Stability Oversight Council’s designation of MetLife as a systemically important financial institution ...
Many private equity deals are set up to keep ownership of the portfolio entity below the 80% threshold under ERISA so as not to make ...
It may be time to review your policies on maintaining the privacy of customer information obtained from newly hired brokers. That’s the lesson from ...