U.S. state securities regulators on Friday
urged the SEC to prohibit Wall Street brokerages from requiring
customers to settle legal disputes through arbitration, which
prevents customers from going to court, joining a chorus of
groups opposing such clauses....More
A group of 37 federal
lawmakers urged U.S. securities regulators to prohibit Wall
Street brokers from forcing customers to sign away their legal
right to sue....More
A proposed FINRA rule requiring financial advisors to post a link to their BrokerCheck information on their websites and social media sites is no longer on the table....More
Raymond James’ regulatory guru Chet Helck told attendees of the firm’s national professional development conference that new state proposals to tax the financial services industry are a big concern, and not enough attention has been paid....More
In Curtis v. Brunsting, No. 12-20164 (Jan. 9, 2013), the U.S. Court of Appeals for the Fifth Circuit revisited the issue of the scope of the probate exception to federal subject matter jurisdiction....More
We are direct provider for BG/SBLC specifically for lease, at leasing price of (5.0 + 0.5 + X)% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA. Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments....More
Hey I just quit my job as an assistant to an FA (long story...)
Was thinking of going into the insurance side, and then use it as a leverage to get in the training program of a canadian bank on the investment side.
I talked to insurance agents at my old firm, commission seem to be comparable and the market larger yet it seems the investment side attracts far more applicants.
So what made you choose insurance over invesment? Did anyone make the transition from insurance to getting investment-liscenced properly?...More
Wunderlich Securities, Janney Montgomery Scott, Rothschild and Schechter Wealth Management boosted their ranks recently with fresh recruits, while others like Chase and NFP promoted executives from within to take on new responsibilities....More
Federal and state prosecutors, as well as several New York law firms, have put the screws to advisors this week. Back in the U.S., a former stockbroker who fled prosecution for a pump-and-dump scheme was hit with a 7-year jail sentence this week, while FINRA and Massachusetts levied multi-million fines against some of the biggest independent broker-dealers....More