Broker-Dealers

The Massachusetts Securities Division recently filed an administrative complaint against the operations manager of a Reading, Mass. firm after the firm's CCO self-reported that the ...

R. Allen Stanford, the former board chairman of Stanford International Bank, last week was sentenced to 110 years in prison for a 20-year fraud in ...

Dealers registered with the Municipal Securities Rulemaking Board that aren't bank dealers are now required to retain for four years those records they previously had ...

FINRA's heavily rewritten rules involving your firm's communications with the public are scheduled to take effect Feb. 4, 2013, the regulator said last week (Regulatory ...

FINRA Dispute Resolution is starting a new, voluntary pilot program July 2 designed to allow the parties in certain arbitration cases to tailor some of ...

On July 2, a new FINRA rule takes effect that places "revolving door" restrictions on FINRA "officers" - very high-level FINRA officials - who leave ...

Make sure your written supervisory procedures are appropriately designed to detect churning in your customers' accounts. FINRA recently fined a Bloomington, Ill. firm $75,000 for ...

As you try to come to grips with how your firm handles reps' use of social media, you might want to consider some statistics a ...

Remember that if you file Suspicious Activity Reports on July 1 or later, you've got to use the electronic filing system to do so. The ...

An employee could elect to go to the SEC with word of possible misconduct, bypassing your internal compliance program. But if the person alerts you ...