Regulation & Compliance

New York's highest court will soon decide whether a brokerage employee can contest the language an employer uses in the Form U5

SEC Busts Another Ponzi: The SEC filed securities fraud charges against Salvatore Favata, the former president of National Consumer Mortgage (NCM), a California company that held itself out as a residential mortgage broker. The complaint alleges...

If a client insists on liquidating part of her portfolio, particularly assets that are heavily concentrated, it's very risky to ignore her request

Some advisors have long ignored parts of ERISA when consulting participants of 401(k) plans. Now they don't have to. Still, the Street is confused over what the new pension laws really mean when it comes to reirement advice

Scrappy independent b/d's are swinging back against an NASD regime that they say has beaten them down and largely ignored their concerns

If you've got legal trouble, October may be your lucky month: It's mediation month. The program of events, sponsored by the NASD, kicks off on Oct. 3 at the New York City Bar Association in New York City. Perks include half price on all mediation...

If you're bankrupt, giving money to a religious institution is not an option, says one court.

The line between brokers and fiduciaries has gotten blurry. When does a broker cross over?

In arbitration, the SRO warns you don't have Constitutional protection. But, there are limits

The Securities Industry Association (SIA) and Wayne Klein, the director of Utah's Division of Securities, have agreed to put on hold Utah's recently approved “failure to deliver” law