In a recent letter to FINRA, the North American Securities Administrators Association, Inc. (“NASAA”) wrote in support of a proposal requiring broker dealers to add links to BrokerCheck on firm communications available to retail investors. The proposal, set forth in...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: June 2014
The SEC Issues an Investor Alert Regarding Fraudulent Investment Newsletters
This month, the SEC issued an Investor Alert relating to fraudulent newsletters. The SEC warned the investing public to be wary of fraudulent newsletters and advised investors to investigate newsletters by reading them carefully in regards to compensation and to...
FINRA Approves Supervision Rule Change Requiring Enhanced Review of Applicant Backgrounds
The Financial Industry Regulatory Authority (“FINRA”) recently announced changes to its supervision rule which requires firms to conduct background checks on applicants for registration. The background checks cover both first-time registrants as well as transfers,...
