Displaying 1932 results
Finra is spot-checking firms for social-media compliance
The Financial Industry Regulatory Authority Inc. is doing social-media compliance spot checks on some of its member firms.
Securities America pays $100,000 fine
Securities America Inc. has agreed to pay a $100,000 fine to the Financial Industry Regulatory Authority Inc. over e-mail violations.
Once brokers are out, keep them out
Like a bad penny, reps who've been kicked out of the advice business keep reappearing on the scene.
Ex-J.P. Morgan rep: Firm pushed house funds
A former J.P. Morgan broker has filed an arbitration claim alleging that the bank’s securities unit encouraged sales…
Ex-broker: I forced out Finra director
Finra said its Southern regional director had resigned to pursue other interests, but a self-proclaimed whistle-blower is taking credit for his departure. Dan Jamieson reports.
Former CFO of a Thompson REIT slapped for weak due diligence
A former chief financial officer of noted real estate investor Tony Thompson’s nontraded real estate investment trust has…
Schwab drops class action ban temporarily
The Charles Schwab Corp. has dropped language from its client arbitration contracts that prevents customers from filing class…
B-Ds pay $5.25M to settle charges
Wells Fargo Advisors LLC has been ordered by the Financial Industry Regulatory Authority Inc. to pay $3.25 million…
Finra panel sets $18.5 million award against defunct B-D
A Finra arbitration panel has issued an $18.5 million award to the trustee of Ponzi scheme Provident Royalties…
Calif., Mass., N.J. residents best at finances
Financial literacy is a hot topic. But a new survey shows that residents in many states still…
Ketchum: Discuss risk frankly
As investors move increasingly into riskier investments, brokerage firms need to do a better job of talking to…
B-D chief misused funds, Finra charges
The head of a broker-dealer that packages and distributes illiquid equipment-leasing funds is the target of a complaint…
Politics of adviser oversight starting to change
Last year, investment advisers were playing defense on Capitol Hill on the issue of regulation. This year, they're on offense, and that gives the debate a different flavor.
Nontraded REIT rules roiled by appraisal issue
The $84 billion nontraded-REIT industry is deeply divided about valuations as regulators prepare to codify rules on creating…
Finra fines 3 firms $900K for suspicious trading
Money laundering, lack of supervision cited by regulatory agency.
LPL to settle over e-mail surveillance
Sometime this quarter, LPL Financial LLC expects to settle with the Financial Industry Regulatory Authority Inc. a matter…
Supremes may decide Finra-Schwab scuffle
The battle between Finra and Schwab over class-action waivers is not done. Lawyers say the case could get swept up in the national debate over consumer rights -- and ultimately end up before the Supreme Court.
Schwab’s class action win a blueprint for other firms
More brokerage firms are expected to demand that customers give up their right to file class actions against them
BrokerCheck link dashed
Finra yanks proposal that would have required reps to post link to database on their web sites, social media pages
Adviser issues fly under the radar in Congress
If you're looking for investment adviser issues on Capitol Hill, you'll have to squin
