FINRA amends electronic Form NMA, adopts new electronic Form CMA and imposes steep fees for CMAs *

USA - July 25 2012
The Financial Industry Regulatory Authority (FINRA) has adopted amendments to its new member application (Form NMA) and has also adopted a new electronic continuing membership application (Form CMA).

Co-authors: Robert S. Frenchman, Julian Rainero.

Collision occurs between copyrights and misappropriation in electronic news media space *

USA - June 24 2011
Despite winning in court to protect valuable copyrights, Wall Street firms are unable to protect their valuable trading recommendations as federal and state laws collide in Barclays Capital Inc. v. Theflyonthewall.com, Inc.1 (pending any potential review on appeal).

Co-authors: Robert S. Frenchman, Julian Rainero, Jeffrey S. Whittle, Michael L. Raspino.

FINRA adopts self-reporting requirement – marks big change for legacy nasd member firms *

USA - March 14 2011
The Financial Industry Regulatory Authority, Inc. ("FINRA") has consolidated NASD rule 3070 and NYSE rule 351 on reporting requirements into FINRA rule 4530.

Co-authors: Robert S. Frenchman, Won Kyung Chang, Julian Rainero, David A. Spotts, Patrick E. Brake Jr..