SEC “staff reminds broker-dealers that the term ‘investment strategy’ ... is to be interpreted broadly”
B-D agrees to pay $1.25 million penalty
FINRA is proposing to impose new supervisory duties on firms
The former CEO of a New York broker-dealer and one of his trusted employees are facing stiff prison terms after they were arrested on charges ...
Documentation is critical when questions arise about suitability
B-Ds taping procedures found to be lacking
UITs have again become a source of pain
An investment adviser/broker-dealer has agreed to pay state authorities $250,000 to settle claims that it failed to supervise a rogue broker/investment adviser, authorities have announced. ...
Schwartz impersonated a customer on two telephone calls to an annuity company
The enforcement action was a long time coming