Disputes between financial advisers and their employers are often complex. Broker-dealer and registered investment adviser (RIA) firms often entice financial advisers to join their organizations through sign-on bonuses and opportunities for higher earnings. That’s...
When a registered broker-dealer or investment advisor leaves a firm for any reason, the reason is submitted to the appropriate jurisdiction and self-regulatory agencies, including the Financial Industry Regulatory Authority (FINRA). That means that future employers...
If you believe that a broker or brokerage firm has treated you unfairly, you may have a claim for money damages. Depending on your exact situation, you may wish to seek damages in arbitration through the Financial Industry Regulatory Authority (FINRA). FINRA is a...
When individual investors engage in options account trading, the potential for monetary gain is there, but also risk of financial loss. Because options trading can be more complex than some other kinds of investment, retail (individual) investors may elect to rely on...
Across the country, a variety of commercial, government and nonprofit entities regularly outsource tasks to third parties. Whether to cut the costs of having employees do the work or to subscribe to the idea that cheaper is always better, when broker-dealer firms...
Many individuals use low- or no-commission brokers to purchase and sell their investments in various securities. While this seems like a good deal – and it probably is – federal regulators require discount brokers to diligently monitor whether their customers’...
In April 2021, a currently registered broker and advisor (respondent) settled with the Financial Industry Regulatory Authority (FINRA) allegations that he violated FINRA Rule 2010 that someone reported to FINRA on its Securities Helpline for Seniors. Respondent did...
Owners of small, family businesses and individuals at various levels of wealth often invest their money in stocks to secure their futures and protect their families. The unfortunate truth is that these retail investors face some risk of becoming the victims of...
In part 1 of this post, we talked about the role of the Financial Industry Regulatory Authority (FINRA) as a forum where investors can arbitrate claims of negligence, improper investment or fraud against their brokers or brokerage firms for problematic investments...
