Broker-Dealers

The MSRB is conducting a wide-scale review of its rules and related interpretive guidance.It is soliciting comments to determine whether rules or guidance should be ...

It's good to do a thorough job studying for FINRA qualification exams but there's a time and place for everything. A recent FINRA settlement indicates ...

A settlement the SEC reached last week with one broker-dealer shows how severely a firm's leadership can be penalized if they don't seriously address major ...

Thanks to a no-action letter the SEC issued last week, relief has been given to broker-dealers that are subject to a new disclosure rule regarding ...

With only weeks left before the SEC is due to sunset Advisers Act rule 206(3)-3T, most commenters agree with a recent agency proposal to extend ...

A common criticism of the SEC following the financial crisis was it didn't go after enough big fish on Wall Street. Last month one defendant ...

The FINRA board's recent directive for staff to gather feedback on whether to require firms to disclose certain recruiting bonuses paid to reps might be ...

The case pitted a fired compliance officer suing his former employer for "unlawful retaliation," using new whistleblower protections gained through Dodd-Frank reforms. Neither Clifford Jagodzinski ...

New FINRA guidance ( Regulatory Notice 12-55) on its suitability rule says the rule doesn't apply when a rep makes a recommendation to a potential ...

A recent FINRA settlement with a Massachusetts firm and its chief compliance officer paints a picture of what can go wrong if you don't adequately ...