If your firm is selling new issue munis, make sure it delivers a copy of the issue's official statement to the customer within the appropriate ...
The due diligence concept that regulators want you to practice for private placements also should be exercised when you underwrite offerings of municipal securities.That's the ...
You couldn't charge an issuer proxy processing fees at the beneficial owner level for your taking over proxy voting decisions for separately managed accounts (SMA), ...
The National Association of Independent Broker Dealers has weighed in on the side of SIPC in the corporation's legal fight with the SEC over SIPC ...
If your firm offers high-frequency trading, make sure you've got a supervisory system in place that specifically addresses such transactions. Nasdaq recently fined OCTEG, LLC ...
You're not alone if you're nervous about FINRA's recently distributed Risk Control Assessment (RCA) survey, which went out late last month, and taken aback by ...
FINRA recently barred an individual after finding that he engaged in improper discretionary trading, made excessive trades or recommended unsuitable transactions in the customer accounts ...
Make sure you give your customers thorough disclosures regarding complex products, and follow solid procedures to determine for whom those products are suitable. Also review ...
With some tweaks to FINRA's best execution rule taking effect May 31, you might want to review your written policies and procedures in this area ...
Last week, we told you about a Los Angeles arbitration panel that ordered four, related investor claimants who lost to pay $75,000 of the respondent ...