FINRA's Borrowing Rule contemplates that an actual loan occurred and that the registered person failed to obtain prior firm approval for that loan. All of which presents us with the conundrum of whether you can properly charge a registered person with failing to provide prior notice to an employer firm about a proposed loan that never happened.
Federal Court Transmogrifies FINRA Into State Criminal Prosecutor (BrokeAndBroker.com Blog)http://www.brokeandbroker.com/4957/finra-dicken-state/In a ... Read On
Just for the hell of it, let's re-visit the issue of whether the Financial Industry Regulatory Authority ("FINRA") is a government agency -- even when... Read On
[In]Securities a Guest Blog byAegis J. Frumento, Partner, Stern Tannenbaum & BellLawyers, Guns and Money... Read On
Some folks carry grudges. Some folks will get a wheelbarrow or pick-up truck to carry a grudge. No matter the time. No matter the weight. In a recent ... Read On
If you visit the homepage of Synapse Financial Technologies, Inc. https://synapsefi.com/, you learn that, in part, the company's mission appears ... Read On
A California Superior Court jury found investment advisor Michael Patrick Kelly guilty of false personation of another, unauthorized use of perso... Read On