Bill Singer

It has been said there are few things more dangerous than a wounded beast; the New York Stock Exchange seems hellbent on proving that rule. The NYSE has had its fair share of black eyes recently, with most of its...

Death and taxes are an inevitable part of everyone's life. If you're a registered rep, you can add customer complaints to that short list. It's an article of faith among reps that once a complaint is lodged against...

The tale of Gina Guzzone is one that would do Franz Kafka proud. All the elements are there the mazelike system of bureaucratic roadblocks, the surreality and the preoccupation with financial security. Most of all...

The current suit-happy environment has left more than one registered rep yearning for the Cone of Silence, that whimsical invention from the 1960s spy sitcom Get Smart. But like the fictional secret agent Maxwell...

Time was, the perfect stockbroker was equal parts salesman and stockpicker, but these days you have to throw a good measure of lawyering into the mix. Trouble is, professional-grade legal expertise does not come easy...

Far too many reps are learning the hard way how little responsibility clients shoulder when it comes to assessing the suitability of their investments. When confronted with a suitability complaint, reps typically...

Martha Stewart apparently is not alone in her creative approach to document management. During a recent NASD examination, a broker/dealer could not locate originals of every new account form requested by the regulator...

In one of the few memorable scenes in Godfather III, Michael Corleone laments his inability to break free of the gangster life: Just when I thought I was out, they pulled me back in. Some subjects of NASD disciplinary...