Month: November 2016

EX LPL BROKER BARRED BY SECURITIES AND EXCHANGE COMMISSION

By Erwin J. Shustak — posted in Regulatory Enforcement & Investigations on Wednesday, November 30, 2016.

Disciplinary Actions Financial Advisors SEC

The SEC recently barred a broker who had been licensed [...]

FINRA PROPOSES RULE TO CURB ELDER FINANCIAL ABUSE

By Erwin J. Shustak — posted in Investor Claims & Financial Fraud, Securities Regulation & Compliance on Tuesday, November 22, 2016.

Elder Financial Abuse FINRA

FINRA recently proposed a rule that would allow brokers to report [...]

WELLS FARGO WINS $1M FROM DISCHARGED BROKER

By Erwin J. Shustak — posted in Regulatory Enforcement & Investigations on Friday, November 18, 2016.

Disciplinary Actions

In yet another loss to a broker litigating an upfront note case by claiming [...]

NEW CALIFORNIA LAW PROHIBITS OUT OF STATE DISPUTE RESOLUTION CLAUSES EFFECTIVE JAN. 1, 2017

By Erwin J. Shustak — posted in Securities Arbitration & Litigation on Tuesday, November 15, 2016.

Securities Litigation

Many in the financial services industry likely are wondering what’s in store for the U.S. Department of Labor’s Fiduciary Rule…

What Does the Trump Election Mean for the DOL Fiduciary Rule?

By Jonah A. Toleno — posted in Investment Advisers & Private Funds, Securities Regulation & Compliance on Friday, November 11, 2016.

Department of Labor Fiduciary Duty

Many in the financial services industry likely are wondering what’s in store for the U.S. Department of Labor’s Fiduciary Rule…