Dual Registrants

It looks like interest rate sensitive securities will make a re-appearance on FINRA’s 2015 exam priorities list. A senior FINRA staffer has cautioned that receding ...

FINRA continues to advance enhancements to its risk-based exam program with a view toward being more data driven and automated. “This data driven approach allows ...

There was a “significant” rise in the number of enforcement actions initiated by state securities regulators against licensed broker-dealer sales agents last year. In its ...

An easy out for many compliance staff given the duty to train firm employees on gifts and entertainment rules is to adopt the lowest regulatory ...

Two exceptions to FINRA rules against brokers sharing compensation with non-registered persons have been proposed by the SRO. The first would allow members to pay ...

Recognizing that most broker-dealers wouldn’t be able to afford to carry insurance against arbitration or court judgments, FINRA has decided against mandating that they do. ...

Your responsibilities to “know your customer” (KYC) is capsulized in several FINRA rules (IA Watch, July 8, 2013). The most recent one being rule 2090, ...

You’re likely to read future SEC enforcement actions related to poor compliance P&Ps for checks made prior to transactions. That conclusion can be drawn from ...

FINRA member firms don’t always have to settle disputes with clients via FINRA arbitration, a federal court has ruled. This was the second such ruling ...

The first-ever charges against a broker-dealer for failing to protect a customer’s material nonpublic information will result in a $5 million penalty for Wells Fargo ...