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
When it comes to margin accounts on Wall Street, many customers believe that they have the right to prior notification from their brokerage firm befor... Read On
After reading a recent FINRA Arbitration Decision about a public customer case, we don't come away with much of a sense as to where things ended. Oh, ... Read On
Given the high cost of retaining a lawyer, we frequently see parties forced to represent themselves in courts and arbitration hearings. In some cases,... Read On
Rep Can't Find His Way Home With Profanity Score (BrokeAndBroker.com Blog)http://www.brokeandbroker.com/4326/finra-profanity-expungement/On stage... Read On
They will try to convince you that Wall Street has an effective two-tier system to protect investors. First, there's the in-house Compliance Staff. Se... Read On