We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results:1-10 of 84

FINRA Plays Guessing Game With Expungement Waiver Request
  • Ulmer & Berne LLP
  • USA
  • September 24 2018

When a registered rep contacts us about seeking expungement of customer complaints from his or her CRD record, we always respond that expungement is


Ameriprise Learns The Hard Lesson That To Be Deemed “Reasonable,” A Supervisory System Actually Has To Work
  • Ulmer & Berne LLP
  • USA
  • August 16 2018

A little over a year ago, I blogged about a FINRA Enforcement action against an Ameriprise rep - but, notably, not Ameriprise - to highlight what a


FINRA Stats Reveal Horribly Kept Secret: Small Firms Are The Heart And Soul Of The Brokerage Industry, But Dying Off, Nevertheless
  • Ulmer & Berne LLP
  • USA
  • August 10 2018

If you are like me, and spend your idle time twiddling around the FINRA website, then you already know that FINRA publishes a variety of mathematical


FINRA Proposes To Require Disclosure Of Insurance Information In Arbitrations. Seriously.
  • Ulmer & Berne LLP
  • USA
  • July 26 2018

Once upon a time, FINRA at least pretended that it was interested in maintaining a level playing field for claimants and Respondents in the


BD Learns It’s Not Enough To Have A Supervisory Procedure For OBAs, You Actually Have To Follow It
  • Ulmer & Berne LLP
  • USA
  • July 12 2018

In most Enforcement cases involving outside business activities, it is the registered rep who is named as the respondent, and the allegation is that


FINRA’s “Massive” Discovery Failure Results InAbsolutely Nothing
  • Ulmer & Berne LLP
  • USA
  • July 9 2018

You are not going to believe this one. Here are the unadulterated facts, taken directly from the Order entered by the FINRA Hearing Officer (an Order


Has The SEC Taken All The Mystery Out Of Filing SARs?
  • Ulmer & Berne LLP
  • USA
  • July 5 2018

This week, Charles Schwab consented to pay the SEC a $2.8 million civil penalty for failing to file SARs on certain transactions - suspicious


PIABA’s Efforts To Get A Law Passed To Ensure Payment Of Legal Fees Off To Rough Start
  • Ulmer & Berne LLP
  • USA
  • June 28 2018

About a month ago, I posted a blog about the apparent success that PIABA had achieved in getting two US senators a Democrat and a Republican to


PIABA Lawyers Convince Congress Of The Importance Of Them Collecting Their Attorneys’ Fees
  • Ulmer & Berne LLP
  • USA
  • June 1 2018

I have written before of the ferocious effort by PIABA lawyers to fight for their ability to collect attorneys’ fees on contingency matters - FINRA


FINRA’s Attempt To Change Well-Established Federal Law On Churning
  • Ulmer & Berne LLP
  • USA
  • May 7 2018

FINRA has been busy lately issuing Reg Notices on proposed changes to its Rules. Several of the proposed changes seek to give FINRA more discretion