More Thoughts, Ideas and uh, Brain Droppings
As noted time and time again, George Carlin’s Brain Droppings is as an inspiration for my micro-blog on LinkedIn. There I frequently comment on events affecting the broker-dealer and registered investment adviser communities. And there have...
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Expungement? Not So Fast, My Friend
This Is The Business We’ve Chosen
Associated persons (an “AP”) know all too well that the regulators post a considerable amount of information about their history online – particularly, allegations of misconduct. This information can lead to, among...
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FINRA’s April 2022 Disciplinary and Other Actions
As noted recently, FINRA’s monthly publication of its Disciplinary and Other FINRA Actions offers various insight and teaching moments. April’s lesson for the broker-dealer industry: Ignore FINRA at your peril.
FINRA Bars for Reps for Failing to Respond Accurately . . . or At All
FINRA barred 6 individuals for violations of...
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Expungement of Complaints from the CRD
Anyone Can Indict a Ham Sandwich – or Put a Complaint on an AP’s Record [1]
From where I sit, the reporting of a complaint against an AP is one of the more controversial aspects of the broker-dealer industry. This is chiefly because the standard for reporting a complaint is extremely low. . .
Your Elementary...
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