Talk about a spoiler alert - consider this ominous introductory statement in a Financial Industry Regulatory Authority ("FINRA") disciplinary decision:
This is a serious case of a broker in severe financial difficulty who engaged in a scheme to convert customer funds in order to pay his personal expenses and to conceal this misconduct from his firm.
Ummm, yeah, okay - so, what FINRA is hinting at is that this isn't going to turn out well for the stockbroker respondent, right? Gee, talk about telegraphing the bad news.
Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdl... Read On
FINRA Imposes Fine and Suspension Over Deceased Second Cousin Once Removed (BrokeAndBroker.com Blog)http://www.brokeandbroker.com/5424/finra-awc-cousi... Read On