Published by Herskovits PLLC

FINRA Lawyer Blog


Enforcement Report Issued by State Securities Regulators Emphasize RIAs

Enforcement Report Issued by State Securities Regulators Emphasize RIAs

The North American Securities Administrators Association (NASAA) recently released its Enforcement Report for 2012. A copy can be found here.
NASAA is an association primarily comprised of state securities regulators. Through the association, its members engage in multi-state enforcement...

FINRA Exec Lays Out FINRA's Enforcement Agenda

FINRA Exec Lays Out FINRA's Enforcement Agenda

On October 24, 2012, Susan Axelrod (FINRA's executive vice president, member regulation sales practice) spoke at PLI's seminar for broker-dealer regulation and enforcement. Broker-dealers and registered representatives should take note because FINRA's enforcement agenda was made clear. Issues of...

Are You Making "Suitable" Recommendations?

Are You Making "Suitable" Recommendations?

The Financial Industry Regulatory Authority (FINRA) views its mandate as investor protection and as such, they have given notice that a new suitability rule, Rule 2111, will go into effect on July 9, 2012.
As long as there have been investors and brokers, there have been people who take...

NY top court weighs claim from investment

French investors urged New York's top court on Wednesday to reinstate their lawsuit over losing $43 million out of $50 million they put into two structured investment vehicles.
The investors claim Barclays Bank, Standard & Poor's and two management companies were complicit in leaving...

VisitHerskovitsLaw.com
HerskovitsLaw.com
Securities Defense Lawyers & High Stakes Comp Disputes