The US Supreme Court has sided with a former UBS Group bond strategist in a landmark case involving corporate whistleblowers, according to AdvisorHub. In a unanimous ruling against UBS, the high court reinstated a jury's verdict in favor of Trevor Murray. Murray, who...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: February 2024
Changes to FINRA’s arbitrator selection process set to take effect next month
The Financial Industry Regulatory Authority has notified member firms of amendments that have been made to its arbitrator list selection process, ThinkAdvisor reports. In Regulatory Notice 24-03, FINRA said it was making the changes in response to a report from...
CFP Board study finds high income, career satisfaction among CFP professionals
A study by the Certified Financial Planner Board of Standards found high levels of income and career satisfaction among CFP® professionals, reports InvestmentNews. The board commissioned Industry Insights to collect compensation data from financial advisors across the...
Slump expected to continue for non-traded real estate investment trusts
A decline in sales of non-traded real estate investment trusts (REITS) is expected to continue in 2024, according to InvestmentNews. A non-traded REIT is a private real estate investment vehicle not listed or traded on a public exchange. Non-traded REITs are designed...
SEC to hold law school summit on free legal services to underrepresented investors
The Securities and Exchange Commission announced it will be holding an event next month drawing attention to the need for underrepresented investors to have access to free legal services. The 2024 Investor Advocacy Clinic Summit, hosted by the SEC's Office of the...