BD Rules & Regulatory Actions

Oseas Zuluaga knew, or should have known, that Revere’s proprietary holdings should have been included in the calculation of Revere’s net capital

Coda did not always provide its subscribers with information indicating where their orders had been routed or executed

The syndicate desk allocated oversubscribed bonds to orders for flippers ahead of institutional customer and dealer orders. RBC failed reasonably to implement the WSPs it ...

This is the new national market system plan governing the public dissemination of real-time consolidated equity market data for national market system stocks

Instead of monitoring compliance with Integral’s customer-specific suitability WSPs, Ho merely directed the Integral RRs to have the Customers sign the firm’s standard risk disclosure ...

Another HJS RR recommended the purchase of over $49,000 in VRSPs to an 87-year-old customer with a moderate risk tolerance, an investment objective of income, ...

Tradier failed to comply with the Requirements by its regulatory deadlines, and began complying only after FINRA contacted the firm regarding the failure to file ...

Trade App finally filed Form CRS with the Commission on May 20, 2021, and the firm did not deliver Form CRS to its existing retail ...

Greentree failed to comply with the Requirements by its regulatory deadlines, and began complying only after FINRA contacted the firm regarding the failure to file ...

FINRA contacted Capital Portfolio Management on September 18, 2020 to alert the firm that it had failed to file Form CRS. Capital Portfolio Management, however, ...