Bureaucracy that smacks of willful ignorance that's what one would-be tipster (and client of mine) encountered when he tried to anonymously notify regulators of trouble at his broker/dealer. As an attorney who has...
Some of the knowledge required to acquire Series a 7 flees a rep's brain before the test scores have even been computed a process that takes mere minutes. The rules governing the actions of associated persons (APs)...
The commotion surrounding the salacious e-mails of the equities-research scandal is starting to subside, but that doesn't mean it's safe to forget about them altogether. In fact, at least one important implication...
The NASD says its core mission is ensuring market integrity and investor confidence goals few in the industry have trouble supporting. Trouble is, in its pursuit of its consumer-protection mission, the NASD often...
Among the myths circulating in the registered rep community, one stands out in its absurdity: If you avoid being served with a regulator's complaint, can't do anything to you. To many people, myself included, the act...
It's an all too common occurrence on the Street these days: a client sues her rep, the branch office manager and the broker/dealer. Or maybe it's a regulator who launches an investigation involving those same parties...
Badges? We ain't got no badges. We don't need no badges. I don't have to show you any stinking badges. So go the famous lines from The Treasure of the Sierra Madre, the 1948 Humphrey Bogart movie. This might as well...
