A compliance audit is a stressful event for a registered investment advisor (RIA.) Whether you have been in business for a while or have recently broken away from another firm, here are a few of the key compliance challenges you may face. Knowledge of problem areas...
Break Away From The Pack
Financial Industry Dispute Resolution
What should you do after receiving a Rule 8210 information request?
The Financial Industry Regulatory Authority (FINRA) ensures that the broker-dealer industry operates fairly and honestly. This is done to protect investors against dishonest practices which may cause them to lose their hard-earned money. Therefore, if you receive...
What can you expect as part of a FINRA audit?
The Financial Industry Regulatory Authority (FINRA) is a non-profit regulatory organization in which individuals in the financial industry take up membership. FINRA operates as requested with the U.S. Securities and Exchange Commission (SEC) and has the authority to...
Soft landing cushions broker’s fall after Morgan Stanley ouster
Last month, Morgan Stanley terminated a veteran Boca Raton broker with more than a billion dollars in client assets in his management portfolio. The broker began working for Smith Barney — Morgan Stanley’s predecessor — in 1989 and had spent his entire 31-year career...