Morgan Stanley Post “Prexit” (Broker Protocol Exit)
At the end of October, Morgan Stanley, with a mere several weeks’ notice to all its thousands of brokers- many…
Read MoreMonth: December 2017
Financial Brokers Beware: FINRA Is About To Seriously Reduce The Ability To Expunge Customer Complaints
FINRA recently submitted a new proposal to the Securities and Exchange Commission which will greatly narrow, and substantially complicate, the…
Read MoreFINRA Examinations Report Cites Broker-Dealer Cybersecurity Deficiencies
On December 6, 2017, the Financial Industry Regulatory Authority (FINRA) released a report on recent findings by it Examination program,…
Read MoreThe Broker Protocol Update-Who’s In-Who’s Out
As we wind down 2017, there has been a flurry of news over the Broker Protocol which began with Morgan…
Read MoreBrokerage Firms and FINRA Crack Down on Broker Expense Account Violations
In a growing number of high profile cases, often involving major producers and star brokers at major wire houses, the…
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