Displaying 1932 results
SEC blasts B-Ds over sales of reverse convertibles
Broker-dealers have been engaging in sales practices for structured securities products that hurt retail investors, according to a Securities and Exchange Commission report.
Finra sets date for kick-in of controversial registration plan
Rule governing back-office personnel effective as of mid-October; reaction to Madoff?
Trader who threatened to kill Schapiro, Finra officials pleads guilty
McCrudden faces ten years in prison for Internet threats against regulators; allegedly posted execution list on his company website
<b>Buzz:</b> Finra sounds the alarm about these three investments
Finra has warned investors about chasing yield with structured products, junk bonds and floating-rate bank-loan funds.
UBS to pay ex-76ers owner $2M over sale of ‘100% principal-protected’ notes
Notes didn't protect Croce's principal -- once issuer Lehman went belly up; at least 40 cases still pending
Regulators warn about principal-protected notes
Worried about the increasing number of retail investors jumping into complex financial products, securities regulators warned last week that structured notes with principal protection aren't risk-free
Finra’s Ketchum to B-Ds: Structured products need strict policing
Finra president Richard Ketchum says brokerages must make certain reps understand how complex financial instruments work -- before hawking them to clients.
Finra, Nuveen agree to $3M settlement over marketing of auction-rate preferred securities
Regulator claims marketing material produced by B-D was misleading; settlement reached
Big rise in Finra lobbying $$$
Industry regulator shelled out more than $300K in first quarter; entire financial industry spending big bucks bending ears
Brokers charge Finra with becoming OATS mill
Brokers are up in arms about what they say is an increasing number of fines for innocent trade-reporting errors.
Regulator wants to firm up pricing of illiquid securities
Finra is continuing to shake up the way broker-dealers show the value of illiquid investments such as nontraded real estate investment trusts and private placements on clients' account statements
Arbitration case costs Neuberger $4 million
Neuberger Berman Group LLC, a money manager that was part of Lehman Brothers Holdings Inc., was ordered by an industry regulator to pay about $4 million to three clients who bought structured notes backed by the failed investment bank
U.S. Chamber of Commerce takes a swipe at Finra
The nation's largest business group wants Finra and other self-regulatory organizations to be more transparent and accountable
Finra to revamp market exams for broker-dealers
Finra will take a data-centric approach to performing market exams, pulling reams of information from broker-dealers, insurance companies…
Fund manager accused of threatening Schapiro: I’m being railroaded
Vincent McCrudden is not backing down. The fund manager accused of threatening to harm Mary Schapiro and officials at Finra claims he's been hounded by regulators for a decade -- and is now being railroaded by prosecutors. Says McCrudden: 'I'll defend 100% of what I've written.'
Asset manager charged with threatening Finra and SEC officials: Report
Vincent McCrudden said to be arrested for allegedly menacing officials on his web site; 13 years 'combating colluded government'
Critics slam Finra proposal to ban ex-execs
Former Finra officers would be banned from representing industry clients in Finra disciplinary cases under a proposal the self-regulatory organization filed July 8
Wedbush ordered to pay $3.5M for ‘morally reprehensible failure’
Wedbush Securities Inc. was ordered to pay former municipal bond trader Stephen Kelleher $3.5 million for failing to give him years' worth of incentive-based compensation he was owed
Ketchum: Finra is beefing up its examination program
The following remarks were delivered May 24 by Richard G. Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority Inc., at its annual meeting in Washington
2010 pay steady for SRO execs; firm fees rose
Salaries for Finra executives are holding steady. Regulatory fees for broker-dealers, on the other hand, aren’t.
