Broker-Dealers

If your firm offers high-frequency trading, make sure you've got a supervisory system in place that specifically addresses such transactions. Nasdaq recently fined OCTEG, LLC ...

You're not alone if you're nervous about FINRA's recently distributed Risk Control Assessment (RCA) survey, which went out late last month, and taken aback by ...

FINRA recently barred an individual after finding that he engaged in improper discretionary trading, made excessive trades or recommended unsuitable transactions in the customer accounts ...

Make sure you give your customers thorough disclosures regarding complex products, and follow solid procedures to determine for whom those products are suitable. Also review ...

Examiners have observed that some broker-dealers have not maintained, nor did they require the maintenance of, adequate written evidence that they complied with their obligations ...

With some tweaks to FINRA's best execution rule taking effect May 31, you might want to review your written policies and procedures in this area ...

Last week, we told you about a Los Angeles arbitration panel that ordered four, related investor claimants who lost to pay $75,000 of the respondent ...

Whether it's a myth or not that compliance officers are at greater risk of facing a failure-to-supervise charge, there are steps you can take to ...

The due diligence you would have to perform on customers could increase dramatically under a proposal the Treasury Department's Financial Crimes Enforcement Network (FinCen) is ...

Don't accept at face value a rep's explanation for having unusually large sums of money in his brokerage account. Ask for some documentation that backs ...