Fall 2012 Regulatory Compliance “Hot Topics”
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Fall 2012 Regulatory Compliance “Hot Topics” in October, 2012.… Read More
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Fall 2012 Regulatory Compliance “Hot Topics” in October, 2012.… Read More
This week the president of FINRA’s office of dispute resolution, Linda Feinberg, announced the SRO will open its arbitration forum to registered investment advisers. The statement was made at the annual meeting of the Public Investors Arbitration Bar Association where…
Last month FINRA announced SEC approval of new FINRA Rule 5123. The Rule requires each FINRA member firm selling securities in a private placement to file a copy of any private placement memorandum, term sheet or other offering documents with…
Last month, the California Court of Appeal in San Francisco issued an opinion in Lickiss v. Financial Industry Regulatory Authority explicitly permitting courts across the state to use an equitable balancing test in order to determine whether a broker’s CRD…
Michelle L. Jacko wrote a Legal Tip for Jacko Law Group titled How Compliance Failures Can Lead To Enforcement in September, 2012.… Read More
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Practical Considerations For Preventing Insider Trading in August, 2012.… Read More
FINRA recently published Regulatory Notice 12-25 to provide broker-dealers with additional guidance on the SRO’s new suitability rule, which took effect on July 9th. The new suitability standards under Rule 2111 were approved by the SEC in November, 2010. They were initially…
On May 30, 2012, the federal Government Accountability Office (GAO) released a report , mandated by Dodd-Frank, on its study of the SEC’s oversight of FINRA. The report is critical of the agency’s oversight of FINRA, calling on the agency…
Enhancements to make FINRA’s BrokerCheck and Investment Advisor Public Disclosure (IAPD) systems more user-friendly went live last week. FINRA’s press release announcing the changes notes that they were implemented to ease investors’ access to information concerning brokers, investment advisers and…
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled The Urban Case And Avoiding Supervisory Liability For Compliance And Legal Personnel in March, 2012.… Read More