Broker-Dealers

FINRA and the other SROs are now on the clock to publish their plans for the looming consolidated audit trail requirements after a divided Commission ...

There is no ability for the customer to access the FDIC insured bank sweep account directly and/or without going through the broker-dealer

Guidance addresses when a retail customer is judged to have "used" a recommendation

Firm made misrepresentations about how it handled certain trade orders

Large size broker-dealers will be allowed to comply with Consolidated Audit Trail requirements over a new, phased timeline, and small-to-medium sized firms that had been ...

Results positive from FINRA review of firms' senior investor protection programs

The helpline has aided in the return of $7 million to senior investors

The e-mails are made to appear as if they come from senior FINRA staff

The prohibition would not extend to a B-D that is also a state-registered investment adviser

Forms U4/U5 and continuing ed are the latest focus items