FINRA

FINRA appears intent on strictly enforcing OBA/PST rules even as it has targeted the regime for a retroactive review (BD Watch, 12/7/2017). Here are some ...

In a nod to advances in communications technology, increased acceptance of flexible work arrangements and the costs affixed to on-site inspections of remote office locations, ...

FINRA promises you a “safe harbor” when you put temporary holds under new rule 2165 on disbursements when you perceive a senior customer being exploited.  ...

FINRA has moved to tackle the issue of unpaid customer arbitration awards. Acknowledging that it can be difficult for customers to collect from broker-dealers or ...

FINRA encourages firms to use new powers to hold up disbursements that seem exploitative to senior customers. But “savvy bad guys” are finding a new ...

FINRA requires that you request a Trusted Contact for “each account” of a client 65 years and older under its new senior investor protection rules ...

How safe is the safe harbor FINRA is promising you under new rule 2165 (financial exploitation of specified adults)?  Jim Wrona, FINRA vice president and ...

Under FINRA’s new senior investor protection rules, it’s clear that the new Trusted Contact requirement applies only to non-institutional customer accounts. But what about trust ...

The SEC approved Oct. 5 FINRA’s rule proposal to streamline competency exams and expand opportunities for prospective securities professionals seeking to enter or re-enter the ...

It seems simple enough. Starting Feb. 5, you will have to make reasonable efforts to obtain Trusted Contact information for senior accounts. But FINRA leaves ...