Failure to supervise

Respondent failed to have systems that would reasonably be expected to ensure that Sandru’s heightened supervision plan was disclosed to and implemented by his supervisors. As ...

Bastron, however, never signed the PDP, never sent a copy to Sandru, never returned the PDP to Compliance and failed to implement any of the ...

FINRA promised and now it has delivered. In its 2016 regulatory and examination priorities letter, the SRO stated that it would review broker-dealers’ role as ...

As digital investment advice tools – so called robo-advisors – increasingly play an important role in wealth management, FINRA is cautioning that investor protection should ...

A manipulative trading scheme to artificially inflate the market price and trading volume for the common shares of IceWEB has led to the barring from ...

Cohen ignored red flags indicating that Martoma might have access to material nonpublic information about the clinical trial. Martoma in fact had access to material ...

Thousands of unsuitable mutual fund switches and a failure to provide applicable breakpoint discounts will cost Barclays Capital $13.7 million for the suitability violations. In ...

Count I of the Complaint alleged that XFA, Scheffler and Stafford violated NFA Compliance Rule 2-9(a), by failing to adequately supervise XFA's operations. Count ll of ...

SEC officials have been quite vocal of late on the controversial issue of CCO liability. FINRA leaders, however, have been largely silent on the matter. ...

Respondents failed reasonably to supervise Douglas E. Cowgill, the former Chief Compliance Officer of Professional Investment Management, Inc., an investment adviser registered with the Commission, ...