Home Suitability


One in five deficiencies linked to suitability, NASAA says
'A regulator who always says "no" is not serving investors well,' Peirce says.
Frontier Wealth's reps failed to reasonably assess whether investments in a complex product were suitable for clients
Risk tolerance, investment objective, financial condition and age ignored with unsuitable VSRP recommendations
Proceeding in contravention of your own WSPs can prove costly
For the fourth straight year, AML tops the list
compliance staff failed to create P&Ps to ensure that reps were being monitored when placing clients in inverse ETFs
A failure to conduct reviews at specified intervals to determine if advisory accounts remained suitable for clients or if their assets should be moved to ...
The Commission’s complaint alleged that, during the period from 2011 through 2014, Dean recommended to thirteen customers a pattern of high cost, in-and-out trading without ...
FINRA’s recently released 2019 Risk Monitoring and Examination Priorities letter takes a new tact this go round by emphasizing new focus areas not noted in ...

Copyright PEI Media

Not for publication, email or dissemination