What is FINRA? Part 2 – What Does FINRA Do?
In Part 1 of this blog series, we established that FINRA (the Financial Industry Regulatory Authority), formerly known as the…
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What is FINRA? Part 1 – FINRA’s Mission
FINRA (the Financial Industry Regulatory Authority), formerly known as the National Association of Securities Dealers (NASD), is a self-regulated organization…
Read MoreMANDATORY FINRA ARBITRATION- IS THE END IN SIGHT?
In the seminal, 1987 decision of Shearson v. McMahon, the U.S. Supreme Court decided that pre-dispute agreements to arbitrate securities…
Read MoreFINRA Highlights 2019 Examination Priorities
In its 2019 Risk Monitoring and Examination Priorities Letter, The Financial Industry Regulatory Authority, FINRA, announced its 2019 priorities examination…
Read MoreFinancial Adviser Alert: Failure to Comply With FINRA 8210 Request Results in Adviser Bar
In late December 2018, FINRA barred former Morgan Stanley financial advisor Daniel T. Levine from associating with any FINRA member…
Read MoreFormer Wells Fargo Advisor Wins $750,000 FINRA Award in Deferred Compensation Claim
On December 5th, a Financial Industry Regulatory Authority (FINRA) panel in New York city awarded a former Wells Fargo financial…
Read MoreFINRA Promissory Note Claims: Not Always a Slam Dunk Win for the Firm
For the past 15+ years, it was extremely common for firms to recruit high-producing financial advisors and teams from one…
Read MoreFINRA Investigations Under Rule 8210
It is every registered person’s nightmare. You receive a letter from a FINRA office notifying you that you are the…
Read MoreFINRA to Transform its CRD Platform
FINRA, the Financial Industry Regulatory Authority (formerly NASD), has announced it is transforming its online CRD (Central Registration Depository) platform.…
Read MoreWhat is the Effect of a FINRA Form U4 or U5 Disclosure?
Representatives of broker-dealers, investment advisers and securities issuers must complete a Form U4 (titled “Uniform Application for Securities Industry Registration…
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