TITLE

Regulatory Scandals Reshaping Broker Regulation

AUTHOR(S)
Curtis, Carol E.
PUB. DATE
April 2009
SOURCE
Securities Industry News;4/13/2009, Vol. 21 Issue 8, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the 2009 inspection priorities of the U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (Finra) for regulating broker-dealers. These priorities include the custody and control of customer assets and retail sales practices. It is advised that the assets of clients be kept by a qualified custodian. The challenges the regulators may face are also explored which include an increase of customer arbitration claims.
ACCESSION #
37837327

 

Related Articles

  • SEC Approves Two New FINRA Rules.  // Dispute Resolution Journal;May-Jul2012, Vol. 67 Issue 2, p6 

    The article reports that the U.S. Securities and Exchange Commission (SEC) approved Regulatory Notice 12-21, which will raise the limitation on the use of Financial Industry Regulatory Authority (FINRA) Simplified Arbitration.

  • Arbitration in the United States under the Financial Industry Regulatory Authority. Joelson, Mark R. // Arbitration International;Sep2015, Vol. 31 Issue 3, p465 

    Particularly in times of economic stress, purchasers of securities in the United States seek redress against brokers and their employers who may have violated the applicable investment and trading rules. An independent organization called the Financial Industry Regulatory Authority (FINRA)...

  • Foreign Stocks Go Real-Time. Chapman, Peter // Traders Magazine;Jun2008, Vol. 21 Issue 282, p30 

    The article reports on the permission asked by the Financial Industry Regulatory Authority (FINRA) from the U.S. Securities and Exchange Commission to report over-the-counter (OTC) trades in foreign securities in real time. The authority proposed changes to the National Association of Securities...

  • Notices: SECURITIES AND EXCHANGE COMMISSION.  // Federal Register (National Archives & Records Service, Office of;9/4/2013, Vol. 78 Issue 171, p54502 

    The article offers information on several notices issued by the U.S. Securities and Exchange Commission (SEC). It states that Financial Industry Regulatory Authority Inc. (FINRA) filed a rule change for the addition of the Supplementary Material .02 for wash-sale deals. It states that the...

  • Private Placement Brokers -- The State of Play Two Years Later. Lerner, Linda; Rohrer, Eden // Business Law Today;Dec2015, p1 

    The article offers information on the state of play after two years following the release of M&A Broker Letter by the U.S. Securities and Exchange Commission (SEC). Topics include creation of jobs with JOBS Act, no need of enforcement action following involvement of M&A brokers in purchase and...

  • Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Withdrawal of Proposed Rule Change To Adopt Rules Regarding Supervision in the Consolidated FINRA Rulebook. Murphy, Elizabeth M. // Federal Register (National Archives & Records Service, Office of;10/11/2011, Vol. 76 Issue 196, p62890 

    The article focuses on Financial Industry Regulatory Authority's (FINRA) filing with the U.S. Securities and Exchange Commission of the proposed rule change to adopt rules regarding supervision in the FINRA rulebook in pursuant to the Securities Exchange Act of 1934.

  • Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Withdrawal of Proposed Rule Change To Adopt FINRA Rule 2231 (Customer Account Statements) in the Consolidated FINRA Rulebook. O'Neill, Kevin // Federal Register (National Archives & Records Service, Office of;8/8/2012, Vol. 77 Issue 153, p47470 

    The article presents a notice from the U.S. Securities and Exchange Commission regarding the withdrawal of proposed rule from Financial Industry Regulatory Authority Inc. (FINRA) that would have adopted NASD Rule 2340, Customer Account Statements, with certain changes as FINRA Rule 2231 in the...

  • GAO Study Calls for Greater SEC Oversight of FINRA. Mont, Joe // Compliance Week;Jul2012, Vol. 9 Issue 102, p8 

    The article reports on the call for the improvement of the U.S. Securities and Exchange Commission's (SEC) oversight of the Financial Industry Regulatory Authority (FINRA).

  • SEC OKs Tougher FINRA Rule on Expungement of Broker Black Marks.  // Investment Advisor;Sep2014, Vol. 34 Issue 9, p16 

    The article reports that the Securities and Exchange Commission (SEC) has approved the rule presented by the Financial Industry Regulatory Authority (FINRA) regarding the arbitration settlements on investor agreement in order to clear black marks from a broker's record.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics