In August, the SEC and the New York County District Attorney's Office fined Bear Stearns 35 million dollars over the firm's role in clearing for defunct penny stock firm A.R. Baron. Bear Stearns settled without...
Concern over pre-empting state defamation law may have killed the NASD's controversial qualified immunity rule.RR has learned that the SEC last year asked the NASD to address concerns that the rule would be an illegal...
Jess Grundy is not exactly a broker who's going places. Grundy, a senior vice president at Everen Securities in Seal Beach, Calif., joined its predecessor, Los Angeles-based Hill Richards, right out of the Navy in...
The NASD is worried that brokers are playing a game of "regulatory arbitrage"--giving up their securities licenses to become investment advisers (IAs) and thereby sidestepping strict SRO oversight for lax adviser...
Jamieson: Welcome. This is the first annual NAIP board retreat. Im Dan Jamieson, editor in chief of Registered Representative magazine and one of the NAIP board members. Were going to go around and have everyone make...
