Broker-Dealers

Reg BI and Form CRS failures lead to penalty for Texas-based broker-dealer

SRO warns of fraudulent e-mails purporting to be from FINRA and using e-mail addresses designed to look like they are those of FINRA execs

FINRA charges that posts made by influencers on social media sites on behalf of a Texas-based broker-dealer were "not fair or balanced"

Commissioner suggests proposed rule preventing non-lawyers from getting compensated to represent investors in arbitration proeedings could exacerbate problems

Financial services will continue to be hit with the symptoms of the cyber threat, including ransomware, account takeovers, identity theft, and data breaches

New FINRA case adds the new twist of charges against both the firm and a specific person

"A proposed FINRA rule could exacerbate the problem by preventing non-lawyers from getting compensated to represent investors in arbitration proceedings"

SEC examiners plan to continue to conduct examinations and engage in outreach with firms to assess their T+1 preparedness

Broker-dealer charged for failing to preserve and review over 1.25 million business-related electronic communications on four platforms

Firms charged for deficiencies tied to transactions involving non-traditional ETFs and other non-traditional exchange-traded products