On September 19, FINRA’s Board of Governors approved a proposal that would…
Read MoreBroker-Dealers to Face Tougher Custody Rules
The SEC recently adopted significant changes to the broker-dealer reporting rules. The…
Read MoreAre DOL and SEC Fiduciary Rules Headed for a Collision?
Two federal government agencies are currently working to create new fiduciary rules…
Read MoreCongress Could Nix Mandatory Arbitration With Investors Choice Act
In light of the absence of SEC action on topic, Rep. Keith…
Read MoreFINRA Conducting Social Media “Sweeps”
FINRA is currently conducting “spot checks” of how broker-dealers are policing social…
Read MoreNew FINRA Arbitrator Rules Take Effect July 1
FINRA’s new rules for arbitrators will take effect on July 1, 2013.…
Read MoreCoalition Calls on SEC Not to Water Down Fiduciary Standard
On July 5, the deadline approaches for comments on the SEC’s cost-benefit…
Read MoreLPL Learns the Hard Way: Make Sure You Save Those Emails
FINRA recently announced that it fined LPL Financial LLC (LPL) $7.5 million…
Read MoreLawmakers Seeking to Ban “Unfair” Arbitration Agreements
Lawmakers, led by Sen. Al Franken, D-Minn., are calling on SEC Chairmen…
Read MoreBrokers Get Short Reprieve on Large Trader Requirements
The SEC extended the compliance deadline for certain large trader recordkeeping, reporting…
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