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Failure to supervise

Reps made buy recommendations for inverse ETFs without regard for suitability
Proceeding in contravention of your own WSPs can prove costly
Compliance personnel recommended moving the FuelCell account to another trading desk to take advantage of that desk’s “newly built execution protocols for issuer stock sales.” ...
B-Ds supervisory systems and WSPs will be examined
Merely reciting the applicable rules heads the list
Investment advisers and broker-dealers should take extra steps to make sure they’re validating investors’ identities and the authenticity of disbursement instructions, and have “a trusted ...
Investment advisers and broker-dealers should take extra steps to make sure they’re validating investors’ identities and the authenticity of disbursement instructions, have “a trusted contact ...
First Western will pay $200K penalty under settlement
First Western did not require training for its IARs and supervisors about Rule 144A securities and did not adopt any other process to sufficiently educate ...
compliance staff failed to create P&Ps to ensure that reps were being monitored when placing clients in inverse ETFs
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