The Financial Industry Regulatory Authority announced that it has hired a law firm to conduct an independent review of its procedures for selecting arbitrators in a recent court case, InvestmentNews reports.
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: February 2022
SEC charges 12 more firms for failing to meet Form CRS requirements
The Securities and Exchange Commission took enforcement action against 12 financial firms for failing to meet their obligations in delivering Form CRS to their retail investors, according to AdvisorNews.
Actor sentenced to 20 years in prison for running $650 million Ponzi scheme
An actor charged with defrauding investors out of at least $650 million in a Ponzi scheme has been sentenced to 20 years in federal prison, Think Advisor reports.
FINRA arbitrators rule in favor of brokers in Credit Suisse deferred compensation case
A panel of Financial Industry Regulatory Authority arbitrators ruled in favor of a group of former Credit Suisse Securities brokers in a dispute with the firm, InvestmentNews reports.
FINRA arbitrators hold UBS liable for nearly $1.9 million over YES investment product
A Financial Industry Regulatory Authority arbitration panel has ruled against UBS Financial in a case involving its investment strategy known as Yield Enhancement Strategy (YES), Financial Advisor reports.
