A new report examines the disciplinary actions taken by the Financial Industry Regulatory Authority during 2023, reports WealthManagement. The law firm Eversheds Sutherland (US) LLP completed its annual study by reviewing FINRA’s monthly disciplinary reports, press...
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Month: March 2024
SEC adopts rules to enhance climate-related disclosures by firms
The Securities and Exchange Commission announced that it has adopted new rules requiring public companies to disclose certain climate-related information to investors. The SEC said it was taking the action to enhance and standardize these disclosures as a way to...
SEC Approves Tougher FINRA Expungement Rules
The Securities and Exchange Commission approved updated rules to FINRA’s expungement process. The updated rules make it more difficult for registered representatives to expunge customer complaints from their records. Importantly, this rule change does not impact...
FINRA penalizes NewEdge over alleged mispricing on bond trades
A Pittsburgh-based brokerage firm has reached a settlement with the Financial Industry Regulatory Authority over allegations of unfair pricing in corporate and municipal bond transactions, according to AdvisorHub. The case involves NewEdge Securities, the brokerage...
FINRA regulatory report advises member firms on 2024 compliance challenges
The Financial Industry Regulatory Authority issued a report to provide guidance to member firms on various compliance matters they may be dealing with this year, WealthManagement reports. In its 2024 Annual Regulatory Oversight Report, FINRA gives firms insights and...