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<b>Opinion</b>: Finra arbitration a wholesale abdication of legal rights
Odds stacked against investors, brokers
Straight from Sykes: What <i>really</i> happened at GunnAllen
In a letter to InvestmentNews, Mr. Sykes said he was in negotiations to buy certain assets from GunnAllen — and that the purchase price would have more than covered the $1 million regulators deemed it needed immediately to remain open for business
‘Wall Street’ sequel taps brokerage executive to bring ’80s back to life
The door from the trading floor to the chief executive's office opens, and before it can close, the voice of a broker working the phones is heard, using a line that could have been lifted from the Shearson Lehman playbook of the go-go 1980s.
Focusing on ‘yield chasing,’ Finra issues watch list
In a market defined by low interest rates, investors are searching for higher returns. But brokers had…
Breach of fiduciary duty still No.1 investor charge
But overall, Finra says number of arb cases down substantially last year
Finra beefs up online disclosures of brokers’ disciplinary info
Virtual database of actions replaces old paper-based system; not a response to BrightScope, spokeswoman says
Targeting ‘yield chasing,’ Finra issues watch list
Regulator cracking down on risky or nontraded REITs, VAs and private placements; also zeroing in on B-Ds' fees
Merrill to pay $1 million over Finra arbitration regulations
Merrill Lynch Pierce Fenner & Smith agreed to pay $1 million to settle allegations that it circumvented Finra…
UBS sues two ex-advisers claiming they took customer data to Wells Fargo
Named as defendants in the lawsuit filed Wednesday by UBS Financial Services Inc. are David Kinnear and Kathleen Bakas.
Indie B-D loses – but still wins – arbitration ruling on DBSI deals
Finra panel orders Berthel Fisher to pay client $20K in damages for sale of TICs; client was seeking $445K
<b>INsider:</b> Finra granted Corzine a waiver on exams
'No justification' for Wall Street giant getting a pass, says one compliance expert; making ex-boss of Goldman Sachs take a Series 7 might be deemed laughable
Ketchum: Finra’s focus on conflicts of interest compounding
SRO's boss says issue now a top concern for regulator; also homing in on disclosure for complex products
Finra-Schwab dispute heats up
Flap stems from brokerage's new arbitration agreement prohibiting customers from filing class action
Don’t change rules because of deadbeat brokers
While brokerage firms have every right to expect former brokers to honor the agreements they make when accepting recruiting and retention bonuses, Finra should resist pressure to rewrite its rules to make it easier for firms to collect unreturned bonuses.
Complex investment products to see more scrutiny
Finra 'puts firms on notice' about their internal supervisory procedures regarding complex investment products
Justices toss suit against Finra
The Supreme Court last week declined to hear an appeal of a lawsuit filed in 2007 by a…
An intriguing idea: Let RIAs hire their own examiners
Regulators and RIAs would be better off if the latter were allowed to hire their own examiners — at least that's what one Georgetown professor contends.
Supreme Court smacks down B-D’s suit against Finra
Plaintiff argued that proxy soliciting member approval for NYSE combo was fraudulent
Frank elects to retire from Congress in 2013
Rep. Barney Frank, the leading proponent of universal fiduciary duty for retail investment advice, announced today that he will retire from Congress in 2013.
Mind your social-media compliance programs: SEC
Finra has warned investment advisers to examine the effectiveness of their social-media compliance programs based on findings from recent SEC adviser examinations.
