Bill Singer has posted two provocative
Street Sweeper blogs.
Don't miss them!
Wall Street professionals will find today's column of particular interest as it explores the ever-thorny issues of what constitutes an inappropriate "solicitation" of clients after you've left an employer. In that context, you will read about Temporary Restraining Orders, Permanent Injunctions, and what the burden of proof is to prevail against former employees. A must read for all registered persons: WaMu Loses Solicitation Case Against Former Brokers
Don't forget to read and pass on to your colleagues, Bill's red-hot commentary responding to SEC Chair Schapiro's call for more staff and more funding. It's time that someone finally stood their ground and stood up against the burgeoning mess of runaway regulatory bureaucracy. Read: Break Up the Securities and Exchange Commission
FINRA Arbitrators Award Over $569,000 In Damages For In And Out Transfers(BrokeAndBroker.com Blog)http://www.brokeandbroker.com/4447/finra-vanguard-tr... Read On
Alchemy appears alive and well at FINRA. A Respondent in a FINRA Arbitration allegedly transferred $X from his bank account into a new brokerage accou... Read On
That River of Dreamsby Aegis J. Frumento, Partner, Stern Tannenbaum & Bell Ridin' on a river of dreams,[Jeff Bezos'] dreams.I'm ridin' on a... Read On
In furtherance of a regulatory settlement, FINRA fined and suspended a registered representative for allegedly failing to provide his employer firms w... Read On
Stockbroker Infallibility Too High A Bar Says FINRA Arbitrator(BrokeAndBroker.com Blog)http://www.brokeandbroker.com/4437/finra-expungement-infallible... Read On