Dual Registrants

A rash of recent cases demonstrates the risks in tacking on excessive fees in addition to commissions (IA Watch, Aug. 19, 2014). Anthony Blumberg, the ...

There’s something quite enjoyable about an extended sunset. In this case, the sunset comes in the form of another proposed two-year extension of the temporary ...

Blackbook Capital charged customers $60.50 in addition to or in lieu of commissions on 4,515 transactions over a roughly two-year period, FINRA says. The firm ...

If you go to arbitration with a dissatisfied customer, you will no longer be able to settle the case contingent on the customer’s agreement not ...

There's no mistaking the message from recent actions: regulators are laser-focused on the protection of senior investors. The recent announcement of a broker-dealer sweep, an ...

If you go to arbitration with a dissatisfied customer, you will no longer be able to settle the case contingent on the customer's agreement not ...

Broker-dealers that sell mutual fund "L" shares to variable annuity clients should anticipate heightened questioning by SEC examiners next year. Same thing if you sell ...

Because conflicts can rear their ugly heads in the industry, it's incumbent upon firms to be aware of outside business activity by staff. Your approach ...

While the current, unofficial industry standard is one second, broker-dealers should expect to have to synchronize their trading clocks to within a millisecond (1/1000 of ...

FINRA is concerned that some of its registered reps may be executing customer orders in ways that benefit the reps rather than the customers. The ...