Tag Archives: FINRA

FINRA National Financial Capability Study

FINRA Investor Education Foundation: – “A significant part of financial capability is the ability to make ends meet through adequate savings. Having resources for immediate medical needs is also an important component. In the U.S., 18% of individuals reported that … Continue reading

Posted in Technology & Cyberlaw | Tagged , , , , | Leave a comment

Georgia Commissioner of Securities Proposes Amendments to Broker-Dealer and Investment Adviser Examination Requirements to Incorporate FINRA SIE Exam

On February 4, 2019, the Commissioner of Securities of the State of Georgia and the Office of the Secretary of State announced its intent to amend the rules governing examination requirements for registered representatives of a broker-dealer and investment adviser … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , , , , , , , | Leave a comment

FINRA Bars Merrill Lynch Employee over Expense Reports

On February 8, 2019 the Financial Industry Regulatory Authority (“FINRA”) accepted an Acceptance Waiver and Consent (“AWC”) from Elizabeth Marie Garcia, a Merrill Lynch Financial Advisor, pursuant to which Ms. Garcia consented to a complete and total bar from the … Continue reading

Posted in Securities Law | Tagged , , , , , , , | Leave a comment

FINRA Issues Warning of Phishing Scheme Targeting Compliance Personnel

FINRA has alerted its Member Firms to be on the watch for a fraudulent phishing email scheme targeted at compliance personnel. A phishing scheme typically uses email or some other type of electronic message to trick the recipient into clicking … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , , | Leave a comment

FINRA Arbitration Filings Increase in 2018

FINRA has released its latest arbitration statistics, showing  4,325 cases filed in 2018, 63% of them customer cases, 38 % industry disputes with a 15 month average time frame, start to finish.A continued interesting statistic is the fact that only … Continue reading

Posted in Banking and Finance law | Tagged , , , , | Leave a comment