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• Elder Financial Abuse: When Can a Brokerage Firm Be Held Responsible?
• Firm Highlight: Complex Fiduciary Duty Arbitration Yields Landmark $3.33 Million Result for Firm Client
• SEC Rulemaking in 2026: Three Regulatory Developments Every Investment Adviser and Private Fund Manager Should Watch
• Called to Testify Before the SEC? What Every Adviser Needs to Know Before Walking Into That Room
• Could Thousands of Investment Advisers Be Forced Back to State Registration?
• Artificial Intelligence and the Practice of Law: California SB 574 and New Protections for Clients
• When AI Picks the Trades: Liability Risks for Broker-Dealers, RIAs, and Registered Representatives
• Proposed Regulation Would Narrow Scope of FINRA’s “Outside Business Activity” Rule
• Registered Reps and Broker-Dealer Alert: Recent SEC No-Action Relief Allows B-D’s to Pay Transaction-Based Compensation to Personal Service, Pass-Through Entities Rather Than to Registered Persons, Subject to Limitations
• Don’t Forget: Continuing Education for IARS
• SEC Withdraws Several Proposed Regulations
• California’s Clean Slate Act vs. Federal Disclosure Requirements for Financial Advisors
• FinCEN Final Rule: Anti-Money Laundering Program Requirements for Investment Advisers
• SEC v. Jarkesy: A New Horizon for Securities Litigation
• SEC Reforms Decades-Old Exemption for Internet Advisers
• New Reporting Requirements Under the Corporate Transparency Act
• SEC Announces 2024 Examination Priorities
• California DFPI Securities Regulator Censures Morgan Stanley for Acting as Unlicensed Lender
• SEC Division of Examinations Announces 2023 Exam Priorities
• California Insurance Licensees Must Now Include License Number on Emails
• Shustak Reynolds Headline Sponsor of IR 2022 Global Annual Conference in Barcelona
• Jobs Act 4.0: What It Means
• The Importance of Annual Reviews and Where to Start
• Is My NDA Enforceable? Recent Developments in California Law
• Ponzi Scheme Bulletin
• SEC Releases Information Update to Align Existing Staff Letters with New Adviser Marketing Rule
• If I Hold an Ownership Interest in a Privately Held, U.S. Domiciled Entity, Will I Need to Disclose Beneficial Ownership Information?
• SEC’s Order and Dissent Highlights Uncertain Regulatory Environment for Digital Assets
• Legal Considerations When Investing in NFTs
• Partner Erwin Shustak’s Webinar on Non-Retained Experts and Privilege
• Amendments Proposed to Rule 144
• Alert: Mandatory Registration for New York Based Investment Advisor Representatives
• SEC OVERHAULS MARKETING RULES FOR INVESTMENT ADVISORS
• OCIE Alert Discusses Compliance Deficiencies
• Financial Advisors on the Move Despite the Pandemic
• FINRA SUSPENDS EX-MORGAN STANLEY BROKER WHO ADVISED CLIENT ON OUTSIDE TRADING
• CERTIFIED FINANCIAL PLANNER (“CFP”) ALERT: CFP BOARD RELEASES FINAL PROCEDURAL RULES FOR CODE OF ETHICS AND STANDARDS OF CONDUCT FOR CFP PROFESSIONALS
• Financial Advisor Crisis: Succession Plans
• FINRA EXPUNGEMENT RULES UPDATE – FINRA’S RESPONSE TO PUBLIC COMMENTS
• What’s in a Name? Advisors, Brokers, and Regulation B-I
• The Coronavirus Pandemic Presents a Unique Financial Advisor Transition Scenario
• Reminder: Form ADV Annual Amendment Filing Deadline and Potential Relief
• Three Tips for New Investors
• FINRA Panel Awards Over $11 Million to Defamed Former UBS Employee
• Mutation of the Bankruptcy Preference Claim into the Wrongful Payor Claim
• LPL to Debut Employee Financial Advisor Channel
• What is FINRA? Part 1 – FINRA’s Mission
• SEC ISSUES RISK ALERT FOR BROKER-DEALERS AND INVESTMENT ADVISORS RELATED TO CLIENT PRIVACY ISSUE
• WADDELL & REED CHOICE FINANCIAL ADVISORS MAY HAVE CLAIMS ARISING OUT OF THE CLOSING OF W&R OFFICES
• Wells Fargo Woes Continue: Firm Reportedly Discussing Settlement With DOJ and SEC
• Credit Suisse Deferred Compensation Update
• Financial Adviser Alert: Failure to Comply With FINRA 8210 Request Results in Adviser Bar
• Former Wells Fargo Advisor Wins $750,000 FINRA Award in Deferred Compensation Claim
• “You Can’t Change What You Can’t See” – the ABA’s 2018 Report on Racial & Gender Bias in the Legal Profession
• “Approved as To Form and Content”–What Does it Mean?
• Broker Protocol Update: Merrill Wants to Have it Both Ways
• Broker Protocol Update: Will Wells Fargo Stay or Go?
• Outside Business Activity Abuses High on FINRA’s Hit List
• Broker Alert – FINRA to Publicly Report Undisclosed Bankruptcies, Judgments and Liens on New U4’s
• New SEC Rulemaking Package Seeks to Enhance Retail Investor Protection and Awareness
• SEC to Consider New Fiduciary Rule Proposal
• RIA Lawyer Update: How and When to Value an RIA Firm?
• UBS Adds New Non-Compete Clause To Bonus Agreements
• Maserati-Buying Insurance Agent Admits to Stealing $1.5 Million from Elderly Clients
• Financial Brokers Beware: FINRA Is About To Seriously Reduce The Ability To Expunge Customer Complaints
• Brokerage Firms and FINRA Crack Down on Broker Expense Account Violations
• FINRA Unveils Ranking System To Identify Rogue Brokers
• California FINRA Lawyers: FINRA Expungement Update – October 2017
• FINRA Issues New Guidance on Social Media Communications, Including Rules on Sharing Content and New Types of Advertising
• California Securities Lawyer Update: Morgan Stanley Broker Suspended for Altering Client Information
• San Diego Securities Lawyer Update: FINRA Regulatory Fines On The Rise
• San Diego Securities Lawyer Update: Will They Stay Or Will They Go – Merrill Lynch, Morgan Stanley and UBS Scale Back Recruiting Bonuses
• San Diego Securities Lawyers: John McGinnis, RBC, Aero-X Golf; BST Nano Bikes; BST Nano Carbon; Grandura Shafts; Baron Bat; Grace McLain Capital Advisors; Solana Golf; and EGJ, LLC
• San Diego SEC Lawyers: Securities and Exchange Focuses On “Fake” Financial News
• FINRA Expels Red River Securities
• REGISTERED INVESTMENT ADVISERS CHARGED WITH STEALING FROM CLIENTS, INCLUDING MIKE TYSON
• PIMCO Agrees To Pay $20 Million For Misleading Bond Investors
• SECURITIES AND EXCHANGE COMMISSION REVOKES ASH NARAYAN FROM SECURITIES INDUSTRY
• FINRA Looking To Speak With Terminated Wells Fargo Brokers
• EX LPL BROKER BARRED BY SECURITIES AND EXCHANGE COMMISSION
• NEW CALIFORNIA LAW PROHIBITS OUT OF STATE DISPUTE RESOLUTION CLAUSES EFFECTIVE JAN. 1, 2017
• “Whiz Kid” Settles Fraud Claims with SEC for $1.5 Million
• Wells Fargo Hit With $185 Million Fine For Widespread Consumer Banking Fraud
• Erwin Shustak, recently selected for “The Best Lawyers in America©”
• ADVISERS ENCOUNTER UNWELCOME SURPRISES WHEN SWITCHING FIRMS
• It’s the Culture, Stupid, Part II
• Morgan Stanley Rep Won’t Pay A Dime Of $34 Million Arbitration Award
• Morgan Stanley Defeats Financial Advisor Overtime Class Action
• Stanley Sangwon BAE and RGT Capital Management, LTD. – Shustak Reynolds & Partners Investigating Claims Related to His Termination from the Firm and SEC Investigation
• Ash Narayan and RGT Capital Management, Ltd. – Shustak Reynolds & Partners is Investigating Claims
• FINRA Investigations Under Rule 8210
• FINRA Permanently Bars Two Brokers Who Ran Fraudulent Hedge Fund
• SEC to Focus on RIA Examinations
• AIG Sells Advisor Group In Anticipation of DOL’s New Fiduciary Rule
• Six Tips for Financial Health in 2016
• It’s the Culture, Stupid: Additional Observations on Finra’s 2016 BD Guidance
• Cantor Fitzgerald to Pay $7.3 Million for Selling Unregistered Stock
• Cetera Advisers Consider Leaving in Light of RCS Capital Woes
• Credit Suisse Sues UBS for Raiding it’s Brokers
• Morgan Stanley Axes 1,200 Jobs
• Metlife Will Pay a “Significant Fine” to FINRA Over Variable Annuity Sales
• House Subcommitte Introduces Bill Designed to Reign in Use of SEC In-House Courts
• SEC Argues That Favorable Ruling for Respondent in the Eleventh Circuit Would Conflict With 7th and D.C. Circuit Precedent
• Ray Lucia, Sr. And His “Buckets of Money” Strategy: A Bloodbath For His Clients
• SEC SHOWS WILLINGNESS TO COMPROMISE IN WAKE OF FUROR OVER ITS USE OF IN-HOUSE COURTS
• Massachusetts Securities Department Investigates Funds’ Accounting Problems
• FSC Securities Corp Hit With $1.28 Million FINRA Arbitration Award Arising Out Of Ponzi Scheme Featured On “American Greed”.
• Texas AG in Hot Water for Alleged Securities Fraud
• Major SEC Enforcement Action Shows the Twists Challenging the use of Administrative Proceedings
• Regulators To Increase Scrutiny Of Barred Brokers With Insurance Licenses
• Respondent Wins Preliminary Challenge to SEC Use of Administrative Proceedings — But How Long Will it Last?
• Is Your U4 Accurate?: New FINRA Rule Requires Heightened Background Checks
• FINRA ANNOUNCES TOLL-FREE HELP LINE FOR SENIOR INVESTORS
• RBC Wealth Management Closing International Unit
• The “New Normal”: SEC Increases the Use of Administrative Proceedings for Enforcement
• Checking Out A Broker – FINRA’s Broker-Check
• FINRA Warns Against Settlement Provisions To Silence Whistleblowers
• Shustak Reynolds & Partners Investigating Potential Forex Fraud
• FINRA’s Account Data Collection System Under Scrutiny
• SEC Subpoenas and Enforcement Actions On The Rise
• Employers: Are You Ready for the Affordable Care Act?
• Partner Jonah A. Toleno, Esq. Named Finalist For Women Who Mean Business Awards
• FINRA Arbitrators Lack Diversity, According to Investors Group
• U-5 Defamation Claims
• Major Wirehouses Holding Billions In Up-Front Notes
• Does A Brokerage Firm Really Need An Attorney?
• $5 Million Arbitration Award Against Morgan Stanley Obtained By Shustak Reynolds & Partners, P.C. Confirmed On Appeal
• Owners of Pacific Property Assets/Apartments America Charged With Fraud
• Morgan Stanley Year-End Technology Glitch Reported
• Crowdfunding Under the JOBS Act: What Investors Need to Know
• Effectively Using Non-Retained Experts In Commercial Litigation
• R. Allen Stanford’s Ponzi Scheme- Fraud for Securities That Never Existed?
• Securities Regulation Update: JOBS Act Loosens Restrictions On Crowdfunding Investments
• Morgan Stanley Smith Barney Ordered to Pay $5 Million to Recruited Brokers
• SEC issues new report on using social media to connect with investors
• Mass. Securities Regulator Launches Investigation Into Unsuitable REIT Sales
• FINRA Cautions Investors: Alternative Funds Are Not Typical Mutual Funds
• Tips for Financial Advisors: How to Avoid the Pitfalls of Misrepresentation During the Recruitment Process
• “We’re in it to win it,” said George C. Miller of Shustak Reynolds & Partners, P.C. – and win it they did!
• NASAA Cautions Against Crowdfunding Investments
• UBS Admits Role in Massive Libor Interest Rate Scandal, Will Pay $1.5 Billion Fine
• SEC Accuses San Diego Advisor Ray Lucia of Misleading Investors
• Morgan Stanley Ordered to Pay $5 Million to Recruited Brokers
• FINRA Enhances BrokerCheck System
• FINRA-Schwab Fight Over Class Action Waivers is Ongoing
• Merrill Lynch Pays the Piper for Failing to Arbitrate Promissory Note Disputes
• Welcome to our San Diego, California and New York, New York securities law blog
• Don’t Fall Victim To Affinity Fraud; If It Sounds Too Good To Be True, It Probably Is
• Federal Court Decision – Judge Rejects Citi’s Settlement with SEC
• Obama signs patent bill, sees boost for innovators
• SEC in S&P downgrade investigation?
• Filings Down Year to Date at FINRA
• Securities America Arbitrations/Class Action Finalized
• Goldman, two firms agree on foreclosure-signing practice: report
• Landscape is changing for broker-dealers
• Schwab sues banks for manipulating Libor rates
• Recent Up-tick in “Golden Handcuff” Promissory Note Disputes

• Ponzi Scheme Bulletin
• Firm Highlight: Delaware Court of Chancery Finds Breach of Fiduciary Duty and Awards Our Client $1.85 Million of  Equitable Restitution in Complex Governance Dispute
• Sripetch v. SEC: Supreme Court Resolves Circuit Split, Allowing SEC to Retain Extensive Power to Seek Disgorgement Remedies
• FINRA Arbitration In 2026 And Beyond: Key Trends, Notable Awards, And The Road Ahead
• When FINRA Comes Calling: Who Pays for the Lawyer?
• Received a FINRA Rule 8210 Letter? What Financial Advisors Need to Know
• Five Litigation Traps Financial Institutions Should Avoid in Customer Arbitrations
• California’s SB 574: The First California AI Rules for Lawyers
• California’s AB 692: Closing the Door on “Stay-or-Pay” Provisions
• Future-Proofing Your Firm: Why Succession Planning Is Smart Business
• SEC Considers Increase to the Minimum AUM Threshold for Investment Adviser Registration
• Don’t Forget Form D – Recent SEC Enforcement Actions Emphasize the Importance of Timely Filing Form D
• Amendments to FINRA Rule 3240: Key Changes and Takeaways
• Are You Considered an ERISA Fiduciary Now?
• The Art of Advocacy and Arbitration in High-Stakes Financial Disputes With Erwin J. Shustak
• The Securities and Exchange Commission Announces New Set of Private Fund Rules
• Navigating the Aftermath: Financial Advisor Terminations and The Form U5
• First Republic Financial Advisors Impacted by Bank’s Failure
• Get Inside the Amendments to Insider Trading Safe Harbor Rules
• ADVISOR ALERT: California DFPI Proposes New Rule to Adopt the NASAA’s Continuing Education Model Rules for IARs
• Year-End Investment Adviser Compliance Reminders
• California A.B. 85 Waives First Year Taxes for Businesses Formed Before January 2024
• FA Transition Bonuses On the Rise: What Was Old is New Again
• FINRA Updates Expungement Rules
• Proposed Updates to Electronic Recordkeeping Requirements for Broker Dealers
• New SEC Risk Alert – Advisory Fees are in the Crosshairs Again
• FINRA Withdraws Its Proposed Expungement Rule Changes
• SEC Fines 27 Investment Advisers for Form CRS Issues
• Ransomware is Out There: Are Your Compliance Policies and Procedures Ready?
• Financial Advisor Update: More Advisors Moving Firms in 2021
• Mandatory FINRA Arbitration Is Under Attack Again
• Business, Passion, and the Greater Good: Using Benefit Corporations for Profit and Purpose
• Overbroad Confidentiality Agreement Found to Illegally Restrict an Employee’s Right to Work
• SEC Proposes New Exemptions to Expand the Scope of “Finders”
• THE BROKER PROTOCOL: NEW TREND EMERGING AS COURTS ALLOW BROKERS TO SERVICE FORMER CLIENTS?
• SEC MODERNIZES THE ACCREDITED INVESTOR DEFINITION
• FOLLOWING REG BI, DOL PROPOSES TO EASE RESTRICTIONS ON ADVISER COMPENSATION ON RETIREMENT ACCOUNTS
• MERRILL LYNCH ORDERED TO REIMBURSE $7.2 MILLION IN MUTUAL FUND OVERCHARGES
• UBS Facing Onslaught of Investor Claims Over “YES” Option Strategy
• No Reg BI Extension Despite Health Pandemic
• Investor Alert: SEC Cautions Coronavirus Investment Scams on the Rise
• What is the California Consumer Privacy Act?
• RIA Alert: SEC’s 2020 Examination Priorities Include Additional RIA Examinations
• FINRA Panel Upends TRO Against Former Broker
• Investment Fraud Continues to Plague USCIS EB-5 Program
• What is FINRA? Part 2 – What Does FINRA Do?
• FIRMS CONTINUE AGGRESSIVE TACTICS AGAINST DEPARTING ADVISORS BUT FACE OBSTACLES IN CALIFORNIA COURTS
• Welcome Kara Siegel, the Newest Addition to our Shustak Reynolds & Partners Team!
• MANDATORY FINRA ARBITRATION- IS THE END IN SIGHT?
• Wells Fargo, Ameriprise and Other Independent Firms Up Recruiting Ante
• Financial Services Firms to Launch New Members Exchange
• Firms Continue Aggressive Tactics Against Departing Advisors
• FINRA Promissory Note Claims: Not Always a Slam Dunk Win for the Firm
• Current Investment Trends in Asia Pacific
• The SEC’s “Best Interest Rule”: Another Try at Heightened Investor Protection
• Brokers Fleeing Wells Fargo Head To Regional B-Ds
• What is the Effect of a FINRA Form U4 or U5 Disclosure?
• Keys to Spotting Market “Bubbles”
• California Supreme Court Brings Substantial Change to Employee/Independent Contractor Classification
• FINRA Proposes New Anti-Churning Rule
• OGC and Enforcement at SEC Speaks 2018 – Words Matter, Process Matters, Homework Matters
• Wells Fargo Wealth Management Division Faces SEC Investigation on Sales Practices
• Federal Court Denies Broker-Dealer’s Request for Internal FINRA Documents in SEC Enforcement Action
• California Financial Services Law Report- The Growing Trend: Brokers Moving From Major Wirehouses To Independent Broker-Dealers
• FINRA Examinations Report Cites Broker-Dealer Cybersecurity Deficiencies
• San Diego Securities Lawyers: First Morgan, Now UBS Jumps From The Broker Protocol Ship
• California FINRA Lawyers: The Growing Problem of Unpaid FINRA Arbitration Awards
• SEC Reveals It Was Hacked in 2016
• California Securities Lawyer Update: From Bad to Worse, Wells Fargo Increases Fake Account Estimate
• San Diego Securities and Financial Attorneys: Merrill Lynch Fires Fires Two Boston-Based Brokers For Stealing Client Funds
• San Diego Securities Lawyers: FINRA’s Proposed Rule on Outside Business Activities
• San Diego Securities Lawyers: SEC Enforcement Action Up 20%
• California FINRA Lawyers Report: Former LPL Broker Guilty of Stealing
• IRS Defeats LPL Broker Using S-Corp As Conduit For Commission And Fee Flow
• SEC ADMINISTRATIVE JUDGES- ARE THEY CONSTITUTIONAL?
• ASH NARAYAN, FORMERLY OF RGT WEALTH ADVISORS, SUSPENDED BY CFP BOARD
• FORMER INVESTMENT ADVISOR STEALS FROM INVESTORS IN PONZI SCHEME
• FINRA ARBITRATION RULE CHANGE- PANEL SELECTION IN CUSTOMER CASES WITH THREE ARBITRATORS
• Former Merrill Lynch International Advisors File Class Action
• FINRA PROPOSES RULE TO CURB ELDER FINANCIAL ABUSE
• What Does the Trump Election Mean for the DOL Fiduciary Rule?
• Smaller Brokerage Firms Failing to Pay FINRA Arbitration Awards
• Insider Trading Enforcement: “The Hits Just Keep on Comin’”
• Partner Jonah Toleno, named a finalist for San Diego Magazine’s 2016 Woman of the Year Awards
• SEC v. Dawn J. Bennett: From “Financial Myth Busting” To “Busted”
• The Defend Trade Secrets Act: A Powerful New Tool For Business Owners
• DOL’S Final Fiduciary Standard Rule – What’s in Store for Financial Professionals?
• Morgan Stanley Loses $34 Million FINRA Arbitration
• Non-Traded REITs – Great for Brokers, Not for Clients
• SEC Fiduciary Rule Proposal to Potentially Differ from DOL’s
• Proposed FINRA Rule Requires Enhanced Fee Disclosures in Fixed Income Investments
• SEC will Only Target Corporate Directors in the Most Egregious Cases
• FINRA Accuses Broker of Charging $11 Million in Commissions and Lying About It
• California Has Legalized Payment of Finder’s Fees For Securities Offerings
• FINRA Expungement Update – Expungement Denied in Recent Case
• Wells Fargo Adviser Charged in $13 Million “Pump and Dump” Scheme
• J.P. Morgan Misled Clients On Broker Compensation
• Comprehensive Asset Management Agrees to Pay $475K Fine for Annuity Abuse Charges
• JP Morgan Agrees to Pay $300+ Million to Settle SEC Charges
• SEC Enforcement Breaks Records in Fiscal 2015
• Credit Suisse Brokers Who Do Not Transition to Wells Fargo Will Lose Deferred Compensation
• Wells Fargo Strikes Deal To Recruit 250 Credit Suisse Advisors
• UBS Pays $19.5 Million to Settle the SEC’s Charges That it Mislead Investors on Derivatives
• Huge Civil Penalty Imposed on Respondent in SEC In-House Proceeding
• Finra Amendment Makes U4 and U5 Expungements More Difficult
• Investment Advisor Who Stole $43 Million from Ex-Hockey Star Convicted
• Citigroup Pays $180 Million to Settle Charges Tied to Two Smith Barney Hedge Funds
• Goldman Sachs Faces $1.8 Million Fine for Trade Reporting Failures
• Update on Recent Court Rulings In Challenges to SEC Administrative Proceedings
• Respondent In SEC Administrative Proceeding Pushes Recent Adverse Ruling Against SEC In The Hill Case
• FINRA’s Revised Broker-Check Rule
• FINRA’s Revised Broker Comp. Disclosure Proposal
• The Top 25 Independent Brokerage Firms By Revenue
• Bank Of America Merrill Lynch Planning Protocol Exit?
• SEC Accuses San Diego RIA Total Wealth Management Of Using Client Money to Fund Earlier Fraud Settlement
• Fidelity Ordered to Pay $350,000 Fine for Overcharging Customers
• UPDATE: FINRA Arbitration Fee Rate Hike
• RBC Cuts International Wealth Management Platforms
• Got Guidance? Not Much, Says Judge Rakoff, If SEC Admin Enforcement Carries The Day.
• Erwin Shustak Attends FINRA’s Arbitrator Appreciation Evening
• Are you ready to grow your small business? It’s time to start thinking like the big dogs.
• They Never Learn – SEC Seeks to Bar Broker Who Stole $2 Million from Trusted Clients
• SEC Backs FINRA In Arbitration Fee Rate Hike
• How Preventive Counseling Can Help With Employment Issues In The Workplace
• Contractual Compliance & Compensation Relationships Between RIAs and Clients
• Merrill Lynch To Phase Out Legacy Technology Platforms By 2015
• FINRA Rule Would Prohibit Settlement Conditioned On Agreement Not To Oppose Expungement
• San Francisco Art Dealers Implicated in $3.4 Million Ponzi Scheme
• Crowdfunding: What Investors Need to Know
• FINRA Announces New Version of BrokerCheck
• FINRA Expungement- Virtually Guaranteed in Settled Cases
• Intellectual property lawsuits risk exposing company secrets
• FINRA Update: Should Broker-Dealers Be Required To Carry Insurance?
• Newest Addition
• Shustak Reynolds & Partners, P.C. Obtains $622,000.00 FINRA Arbitration Award Against Fidelity Investments on Behalf of an 86 Year Old
• Shustak Reynolds & Partners, P.C. Successfully Obtains Dismissal Before Trial of All Claims Asserted Against a Large Financial Institution Client
• Shustak Reynolds & Partners – Awards
• Carlyle Group Abandons Mandatory Arbitration Clause in Its IPO
• Investors Sue to Recover Losses Stemming from UBS Willow Fund
• FINRA Issues New Expungement Guidance
• Rancho Santa Fe “Investment Guru” Pleads Not Guilty to Fraud Charge
• Morgan Stanley’s New “3D” Technology Platform Widely Criticized
• Shustak Reynolds & Partners, P.C. Obtains $486,615 FINRA Arbitration Award Against MSSB and Citigroup for Misrepresentations Made to Financial Advisor During Recruitment
• SEC Charges Absolute Fund Advisors With Operating “Ponzi-like” Scheme
• Top Ten Unsuitable Investments to Watch Out For
• FINRA Fines Citigroup $725,000 for Failure to Disclose Conflicts of Interest
• Consumer Victory In New York Appellate Court Decision
• New SEC/FINRA alert on Broker-Dealer Branch Inspections and Broker Supervision
• Beware Private Placements; Risky Investments for Most
• JP Morgan Chase Clients Sold Unsuitable Investments
• Gold Fever Sparks New Potential For Investor Fraud
• Major Wirehouses Offering Golden Handcuff Payments to Indie Brokers
• CapWest Securities filed a notice of termination with FINRA
• Top corporations spent more on CEO comp, lobbying than taxes
• Ranks of advisers thin out for first time in a decade
• SEC Bears Down on Fracking
• Arbitration claims against member firms

• Firm Highlight: Six Months. No Lawsuit. $650,000 Recovered for former NFL Player Client.
• The SEC’s Growing Focus on Private Credit and Private Market Valuations: What Registered Investment Advisers and Financial Professionals Need to Know
• Congress Moves to Protect Seniors from Investment Fraud
• The New 2026 ICC Arbitration Rules: What Businesses and Their Lawyers Need to Know
• Investment Fraud and Social Media: When “Finfluencers” Cross the Line
• Warning: Your AI Chat Is Not Privileged and It Probably Doesn’t Help That Much
• FINRA Signals Possible Overhaul of Its Arbitration System
• The Department of Labor’s New Independent Contractor Proposal and Its Potential Impact on Independent Financial Advisors
• SEC Announces 2026 Examination Priorities
• FINRA Proposes Increasing Gift Limit
• NASAA Updates Model Rule to Restrict Use of the Term ‘Advisor’
• Trying a Case in the Delaware Court of Chancery
• SEC Announces 2025 Examination Priorities
• SEC Regulation S-P Changes: What You Need to Know
• The Securities and Exchange Commission Announces Amendments to Internet Investment Adviser Registration Rules
• SEC Rules 3a5-4 and 3a44-2 Requiring Registration of Liquidity-Providing Persons as “Dealers”
• If You Didn’t Already Get It Done: Don’t Forget About the Initial Department of Labor Retrospective Review
• SEC Approves New FINRA Expungement Rules
• I Live and Work in California. Am I Bound by the Non-solicitation and Non-compete Clause I Signed With My Employer?
• Proposed Updates to FINRA Expungement Rules
• SEC Registered Firms Must Comply With New Marketing Rule By November 4, 2022
• SEC Warns Broker-Dealers and Advisers About Disclosing Conflicts of Interest
• Investors Still in the Dark over GWG Holdings “L” Bond Payments
• FINRA Updates Continuing Education Program for Registered Persons
• New NASAA Model Rule on Investment Adviser Representative Continuing Education
• Upcoming Deadlines: Investment Advisers’ Year-End and Q1 2022 Compliance Reminders
• Change to Definition of “Qualified Client” Takes Effect
• Expected Presidential Order Likely to Limit Use Of Non-Compete Agreements And The Potential Impact On Broker Transitions
• NDAA Codifies Equitable Remedies and Expands Disgorgement Statute of Limitations
• New York Anti-SLAPP Rules Strengthened
• House Judiciary Committee Antitrust Panel to Target Big Tech Companies
• Wells Fargo Advisors To Exit International Wealth Management Space
• California’s Amended Homestead Exemption Provides Increased Protection for Homeowners
• JPMorgan Loses FINRA Claim Against Departing Representatives
• Confidentiality is a Top Priority and You Should Make It Yours, Too
• Morgan Stanley’s Plans for E*Trade RIA Custody Business in Question
• US Supreme Court Rules It Is Illegal To Fire Employees For Being Gay Or Transgender
• “PAY WHEN PAID“ CONSTRUCTION CONTRACT CLAUSE UNENFORCEABLE
• RIA Alert: Do PPP Loans Trigger a Form ADV Disclosure?
• FINRA RULE 2010 AND ALTERING SIGNED CLIENT ACCOUNT FORMS DURING THE CORONAVIRUS PANDEMIC
• Will Morgan Stanley Compensate Clients Following Massive Order-Entry Outage?
• Form CRS – What Does it Mean for Registered Investment Advisers
• FINRA Panel Denies J.P. Morgan Request for Injunction
• What is Regulation Best Interest (Reg BI)?
• J.P. Morgan, Schwab Pursue Claims Against Departed Advisors
• Woodbridge CEO Pleads Guilty to $1.3 Billion Fraud
• SEC Adopts Best Interest Rule
• Securities America Faces $18 Million Lawsuit Following Former Advisor’s Cop to Ponzi Scheme
• Arbitrator, Not the Federal Court, Must Determine Arbitrability In Presence Of Delegation Clause according to U.S. Supreme Court
• FINRA Highlights 2019 Examination Priorities
• Edward Jones Awarded Damages in Claim Against Former Broker
• Ex-Wells Fargo Advisor Granted Class Cert in Claim for Deferred Compensation
• Morgan Stanley Continues Aggressive Litigation Against Departing Advisers Post “Prexit” (Broker Protocol Exit)
• Wells Fargo Losing Financial Advisors to Competitors Amid Ongoing Regulatory Investigations
• FINRA Investigations Under Rule 8210
• FINRA to Transform its CRD Platform
• Regulators Pursue Enforcement Actions Against Woodbridge Sales Representatives
• Seniors Most Often Defrauded by Family and Friends
• MERRILL BROKER FIRED OVER $524.00 EXPENSE REIMBURSEMENT: THE TREND CONTINUES ON EXPENSE INFRACTIONS
• Rogue Brokers in the News; Fraudsters and Thieves of Client Funds
• Securities Law Update: The “Completely Irrational” Standard for Reversing Legal Error in FINRA Arbitration
• California Securities Lawyer Update: FINRA No Longer Will Require B-D’s to Supervise Unaffiliated RIA’s
• California Securities Lawyer Update: FINRA Releases 2018 Regulatory and Examination Priorities Letter
• Morgan Stanley Post “Prexit” (Broker Protocol Exit)
• The Broker Protocol Update-Who’s In-Who’s Out
• From Bitcoin to Ethereum, The Rise of Initial Coin Offerings Draws Regulatory Scrutiny
• California Securities Lawyers: Morgan Stanley Ditches the Broker Protocol
• SEC Unmasked: How Safe are Its Investigative Files?
• San Diego Securities and Financial Attorneys: Former LPL Financial Brokers Charged By SEC With Annuity Sales Abuses To Federal Employees
• California Securities Lawyer Update: FINRA Panel Slams Wedbush Securities in Elder Abuse Arbitration
• California FINRA Lawyers Report: Wells Fargo Loses 225 Reps Due to WF Scandal
• San Diego Securities Lawyers: Merrill Lynch Veteran Pleads Guilty to $8.7M Bank Fraud
• Broker Barred for Steering Clients to Ponzi Scheme
• Not So Fast My Friend: Raymond James Suspends Manager Frank Amigo Following Testimony In EB-5 Fraud Case
• RBC Reportedly Considering Sale Of Asian Wealth Management Business
• Merrill Lynch Adviser Resigns Over Expense Account Abuse
• FINRA Announces Exam Priorities for 2017
• How Brokers Can Exploit the Broker Protocol to Facilitate Their Breakaway
• THE U.S. SUPREME COURT CLARIFIES THE DEFINITION OF INSIDER TRADING- A BIG WIN FOR PROSECUTORS
• WELLS FARGO WINS $1M FROM DISCHARGED BROKER
• WELLS FARGO ADVISORS’ AGGRESSIVE CROSS-SELLING TACTICS COULD LEAD TO MORE WOES FOR THE COMPANY AND ITS ADVISORS
• FINRA Orders UBS to Pay Three Investors $750K in Puerto Rico Bond Fraud Arbitration
• FINRA Charges Former Bay Mutual Broker With Recommending Unsuitable Gold And Energy Investments
• ONLINE DATING: FERTILE GROUND FOR INVESTMENT FRAUD?
• SEC Halts Ash Narayan from Defrauding RGT Clients
• FINRA Submits Proposed Rule Changes To Clarify Offsetting Awards (SR-FINRA-2016-015)
• Ticket Reserve, FirstDIBZ, Panera Bread and RGT Wealth Advisors: Shustak Reynolds & Partners Investigating Potential Claims for Current or Former RGT Wealth Advisor Clients
• California Sues Morgan Stanley Over Unsuitable Mortgage Debt
• Transitioning Broker Alert – FINRA Adopts New Comp Disclosure Rule
• Texas Lawyer Sentenced to Jail for Aiding Stock Fraudster
• Morgan Stanley Pays $2.6 Billion Penalty
• Shustak Reynolds & Partners Investigating Claims Related to Forfeited Deferred Compensation
• We Congratulate Our Firm’s 2016 SuperLawyers
• Defining Personal Benefits: Supreme Court to Revisit Insider Trading Standards after 33 Years
• Former JP Morgan Broker Barred from Industry
• FINRA Regulation to Scrutinize Firm Cultures in 2016
• LPL Cuts Workforce and Delays Raises for Employees
• Fidelity Hit With $1 Million Fine for Failing to Detect Fraud Against Seniors
• FINRA Seeks SEC Approval of New Broker Compensation Disclosure Rule
• EX-Ameriprise Broker Sentenced to 7 Years in Prison for Stealing from Clients
• SEC Increases Examinations of RIA Firms
• Investment News Article Indicates Stalling in Women Obtaining Leadership Positions in Financial Services Industry
• How Should the SEC Increase Examinations of RIA Firms?
• Former Morgan Stanley Adviser Pleads Guilty to Data Hacking Charges
• Recent Appellate Action SEC Use of In-House Courts Shows the Courts Recognize the Major Importance of the Issue
• Litigation Update: California Summary Judgment Rules to be Amended
• Edward Jones Pays $20 Million to Settle Claims it Overcharged Clients on Bonds
• What Do Flip Flops, a Halloween Party and Bad Language Have In Common? One Fired Broker…
• Senate Proposes Substantial Increases In SEC Fines For Fraudsters
• Major SEC Enforcement Action Shows The Twists And Turns In Challenging The Use Of Administrative Proceedings
• Financial Advisor Deferred Compensation On The Rise
• FINRA Arbitration Panel Finds Morgan Stanley Promissory Note Unenforceable
• Challenges To SEC Use Of Administrative Proceedings Likely To Increase
• Morgan Stanley Loses Over $2.1 Billion In Assets To Rivals
• Oppenheimer to Pay $20 Million to Settle With Regulators For Penny Stock Violations
• New FINRA Rules Prohibit Compensation Sharing in the Securities Industry
• Relationship Matters: Update On Tipper – Tippee Liability; Joseph Bartholomew Alleged Ponzi Scheme; And SEC’s New Fiduciary Rule
• Wells Fargo Settles Deferred Comp Class Action For $7.4 Million
• FINRA Panel Awards Nearly One Million Dollars to Financial Advisor in Industry Employment Dispute
• Admin Proceedings On Steroids: The Sec’s Improper End Run Around Having To Prove “Likelihood” In Federal Court
• Major Fraud (and “Broken Windows”) Update: Governance and Accountability 101
• Shustak Reynolds & Partners, P.C. Congratulates Its 2015 SuperLawyers
• Erwin J. Shustak Esq. Attends London Annual Conference of International-Referral
• What To Do When Someone Infringes On Your Patent
• Affordable Care Act Update
• How Do Ponzi Schemes Work?
• FINRA Sanctions Berthel Fisher for Compliance Failures
• Los Angeles Pastor Arrested For Running Ponzi Scheme Fraud
• Senate Considers Regulation of Virtual Currencies
• Securities fraud – SAC Capital to pay $1.8 billion in fines
• FINRA Releases Report on Conflicts of Interest
• SEC Announces “Tough Cop” Approach to Enforcement
• JESSICA H. ANTONIADES, ESQ. – OUR NEWEST ADDITION
• Recent Honors And Recognitions Within Our Firm 2013 Top Rated Lawyers In Securities Law
• SEC Implicates Texas Money Manager in Forex Trading Scheme
• Shustak Reynolds & Partners Obtains Pre-Hearing Dismissal Of Finra Arbitration Claim On Behalf Of Broker-Dealer Client
• Shustak Reynolds & Partners, P.C. Obtains $486,615 FINRA Arbitration Award Against MSSB and Citigroup for Misrepresentations Made to Financial Advisor During Recruitment
• Tips for Investors and Financial Professionals: What is an Investment Adviser?
• Shustak Reynolds & Partners Speaking to Ventures Trust II Investors
• UPDATE: Schwab Wins Fight Over Class Action Waivers, For Now
• Apple and Samsung to Discuss Settlement Over Patent Lawsuits May 21
• Merrill Lynch to Pay $40 Million in Deferred Comp Class Action Suit
• Shustak Reynolds & Partners, P.C. Obtains $622,000.00 FINRA Arbitration Award Against Fidelity
• Affordable Care Act (“Obamacare”) Compliance of Employers is Tougher Than It Sounds
• FINRA Cautions Against Chasing High Yields In A Low Rate Environment
• San Diego’s “Investment Placement Group” Pays $4 Million to Settle SEC Charges
• MF Global Clients to Recover 72 Cents on the Dollar
• FINRA Sanctions 8 Firms for Due Diligence Failure in Private Placements
• The Effect of California’s Expungement Rules on Registered Representatives and Investment Advisers
• What Are Up-Front, Forgivable Loans?
• Wall Street Self-Regulator Makes Case for More Power
• Cross Selling Between Banks and Advisory Firms Not Panning Out
• End of the line for CapWest
• FINRA Warns Investors of Gold Stock Scams
• Filings are down at FINRA arbitration
• Implementation of the Dodd Frank Bill
• The brokerage business is in serious chaos

• Our Firm’s Global Reach and Presence Through Our Long Term Affiliation with IR Global
• Congratulations to SR&P’s 2020 SuperLawyers, including Jonah Toleno, named one of the Top 25 SuperLawyer Women in Southern California
• It’s None of FINRA’s Business – Or is it?
• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” for Fourth Consecutive Year by U.S. News & World Report – Best Lawyers ®
• Congratulations to our 2021 Super Lawyers Honorees!
• Erwin Shustak & Paul Reynolds Again Named to Best Lawyers in America
• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” for Fifth Consecutive Year by U.S. News & World Report – Best Lawyers ®
• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” for Sixth Consecutive Year by U.S. News & World Report – Best Lawyers ®
• Registered Representative’s Corner: Things to Consider Before Transitioning to a New Firm
• Congratulations to our 2024 Super Lawyers Honorees!
• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” for Eighth Consecutive Year
• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” for Ninth Consecutive Year
• An Overview of Trademark Trial and Appeal Board Opposition Proceedings
• The Most Outrageous Investment Advisor Misconduct of 2014
• Firm Highlight: Partner Paul Reynolds
• The Impact of FINRA Disciplinary Proceedings on SEC and State Registered Investment Advisers
• Partner Paul Reynolds Appointed to Board of the San Diego Association of Business Trial Lawyers
• We Congratulate Our 2016 SuperLawyers
• Erwin J. Shustak Selected for 23rd Edition of “The Best Lawyers in America”
• How To Prepare For And Give A Deposition Or Other Testimony – A Time To Be Very Careful And Prepared
• Meet Our Super Lawyers of 2017!
• Trade Secrets in the Securities Industry: Four Key Issues Transitioning Financial Advisors Must Consider
• Managing Partner Erwin Shustak Featured in IR Global Member Spotlight
• SR&P Obtains Dismissal of Client in Federal Securities Fraud Class Action in New York
• Fund Action: Tech Disruption, Passporting Driving Asia Fund Distribution Changes
• Financial Advisor IQ – Think It’s Hard to Get Records Expunged? Wait Until the New Rules Kick In! Merrill Lynch, Wells Fargo and Other FAs Cry Foul
• Employers: Are You Ready for the Affordable Care Act?
• Hidden Obamacare Bomb Set to Strike Small Businesses
• Recent Amendments to California Business and Professions Code Section 16600: Sharper Teeth for a Potent Statute and a Serious Trap for Unwary Employers
• Recent Changes to California Securities Law Add Teeth to Investor Protection Under Cal. Corp. Code Sections 25501 and 25503
• California Looking to Become a Hub for International Arbitrations
• OGC and Enforcement at SEC Speaks ’18 – Words Matter, Process Matters, Homework Matters
• $5 Million Arbitration Award We Obtained Against Morgan Stanley for Two Broker Clients Reinstated and Confirmed on Appeal
• Eating “Healthy” – What do ‘Organic,’ ‘GMO-free,’ ‘Vegan,’ and ‘Gluten-Free’ really mean, and who makes the rules?

• Erwin Shustak Named to Best Lawyers in America for Fifth Consecutive Year
• BE HONEST – WERE YOU REALLY PREPARED FOR A MASSIVE BUSINESS DISRUPTION? Covid19, the SEC and Financial Professionals
• Erwin Shustak & Paul Reynolds Named to Best Lawyers in America
• SEC OVERHAULS INVESTMENT ADVISER MARKETING AND SOLICITATION RULES
• Advisor Transitions: 5 Critical Questions to Answer Before Changing Firms
• Congratulations to our 2022 Super Lawyers Honorees!
• Listen to Erwin Shustak’s Timely Podcast on “Other People’s Money – The Rise of Fraud in the Crypto & NFT Worlds”
• Is a Federal Ban of Noncompete Agreements on the Horizon?
• Shustak Reynolds & Partners Attorneys Have Again Been Selected as “Best Lawyers” in America
• Stay Ahead of Uncertainty: How the FTC’s New Ban on Non-Compete Provisions Impacts Your Business & Strategies You Can Adopt to Help Prepare for This Major Regulation
• Congratulations to our 2025 Super Lawyers Honorees!
• Congratulations to our 2026 Super Lawyers Honorees!
• Our Partner Jonah A. Toleno – Incoming President of FALSD
• FINRA Broker Expungement Rules – 2015 Update
• SR&P Sponsors Annual IR Global London Conference
• Transitioning Brokers and the Broker Protocol – What NOT to do When Changing Firms
• Partner George C. Miller Named a FINRA Arbitrator
• 2016 FINE Magazine Poll: Top Rated Commercial / Corporate Lawyer in San Diego
• Dennis Stubblefield’s Radio Interview with LPL Branch Manager Stephen F. Lovell
• Meet James J. Reynolds, Our New Partner
• Introducing our Newest Team Member – Danny Ballon, Associate
• Erwin Shustak Selected as One of the Best Lawyers in America for 2018
• San Diego County Bar Association Names Partner Jonah Toleno Recipient of 2018 Service Award for Commitment to Diversity
• Congratulations to Our 2018 Super Lawyers
• Daily Journal Names Shustak Reynolds & Partners, P.C. a “Top Boutique” Firm in California — Read Our Firm Profile
• Shustak Reynolds & Partners, P.C. Recognized By U.S. News – Best Lawyers ® “Best Law Firms” For 2019
• Fall 2014 FINRA Update: Automated Customer Account Data Collection, Arbitrator Diversity And Higher Arbitration Fees
• Shustak Reynolds & Partners To Host Upcoming Financial Services Institute Anual Conference in Texas
• What You Need to Know About FINRA’s New Expungement Rules—The Essentials
• How the SEC’s New Marketing Rule Is Changing the Landscape for Solicitors
• Product Liability Law Update – Jim Reynolds Obtains Dismissal of Mesothelioma Asbestos Claim for Client
• FINRA Arbitration Panel Awards $1.8 Million to Two Former USAA Wealth Advisors Represented by Shustak Reynolds & Partners, P.C.
• Dennis Stubblefield Joins Our Firm – Our Newest Partner

• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” By U.S. News & World Report – Best Lawyers ®
• REGULATION BEST INTEREST SPAWNS ADDITIONAL RULE PROPOSALS
• Considerations When Establishing A Private Fund
• FINRA Proposed Rule 4111 Could Mean Major Changes for Some Firms and Big Problems for Some Brokers
• Erwin Shustak & Paul Reynolds Again Named to Best Lawyers in America
• Erwin Shustak Featured in San Diego Modern Luxury
• Partner Paul Reynolds Elected as President of the San Diego Association of Business Trial Lawyers
• Congratulations to our 2023 Super Lawyers Honorees!
• Shustak Reynolds & Partners, P.C. Named a “Best Law Firm” for Seventh Consecutive Year
• Shustak Reynolds & Partners Attorneys Have Again Been Selected as “Best Lawyers” in America
• Shustak Reynolds & Partners Attorneys Have Again Been Selected as “Best Lawyers” in America
• Shustak Reynolds & Partners, P.C. Recognized by Chambers and Partners USA 2026 California Spotlight Guide
• George C. Miller Named Shustak Reynolds & Partners’ Newest Partner
• Trademark Update: The Primary Importance of Secondary Meaning: Attacking Lack of Secondary Meaning on Summary Judgment
• An Overview To Private Placement Of Securities
• How Can Firms Insure Against Affinity Fraud?
• Jonah Toleno Re-Elected President of the Filipino American Lawyers of San Diego
• Partner Jonah Toleno Named Finalist for San Diego Magazine’s 2016 Woman of the Year Awards
• Watch Erwin Shustak’s Interview At The 2016 Annual IR Global Conference In Amsterdam
• Paul Reynolds Addressed the Association of Business Trial Lawyers in Maui
• Introducing our Newest Team Member – Elizabeth A. Wright, Associate
• Shustak Reynolds & Partners, P.C. Recognized By U.S. News – Best Lawyers ® “Best Law Firms” For 2018
• IR Global Virtual Series with Partner Erwin Shustak – Litigation Funding and International Commercial Disputes
• Erwin Shustak Selected as One of the Best Lawyers in America for 2019
• Mandatory FINRA Arbitration: The Beginning of The End or Another False Start?
• Meet our 2019 Super Lawyers!
• Shustak Reynolds & Partners, P.C. Congratulates “Young Attorney” Finalist George C. Miller, Esq.
• Erwin J. Shustak Named 2014 Top Rated Litigator
• Requirements of New Prohibited Transaction Exemption PTE 2020-02
• Afraid of Being Sued by Morgan Stanley, Merrill Lynch, Wells Fargo or UBS? Here’s How to Strike First
• How to Raise Money Online Under Title II of the Jobs Act
• Recent Recognitions of Our Firm
• Representing Clients in SEC Investigations