An irreverent Wall Street Blog
by Bill Singer
 
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Written: May 26, 2015

Stockbroker, Compliance, Legal, and Regulatory Jobs

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SALES and SUPPORT JOBS
  • Financial Advisor - Wayne County Michigan Area

    American International Group

     - Detroit, MI

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Planning Advisor

    American International Group

     - Atlanta, GA

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - Ft Myers

    American International Group

     - Fort Myers, FL

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Regional Vice President

    American International Group

     - Indianapolis, IN

    Position Description Regional Vice President - MId America Identify, develop, and implement strategies for increasing revenue growth and profitability within a defined territory.

    4 days ago from American International Group
     
  • Regional Life Specialist, Insured Solutions Group-Northeast

    American International Group

     - Hartford, CT

    Position Description Regional Life Specialist- Insured Solutions Group Advisor Group Channel The Regional Life Specialist (RLS) for Life Sales is the central resource and...

    4 days ago from American International Group
     
  • Regional Life Specialist, Insured Solutions Group- Northern Midwest

    American International Group

     - Chicago, IL

    Position Description Regional Life Specialist- Insured Solutions Group Advisor Group Channel The Regional Life Specialist (RLS) for Life Sales is the central resource and...

    4 days ago from American International Group
     
  • Operations Supervisor

    American International Group

     - Phoenix, AZ

    Position Description Responsible for supervising a team of eight and working with team members at sister Broker Dealers. Monitor the workflow and day to day operations to ensure...

    4 days ago from American International Group
     
  • Financial Advisor

    American International Group

     - Danville, VA

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - Monmouth County

    American International Group

     - Morristown, NJ

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Licensed Internal Wholesaler

    American International Group

     - Jersey City, NJ

    Position Description SunAmerica Asset Management is one of the nation’s leading producers and distributors of mutual funds and asset management services. We manage and/or...

    4 days ago from American International Group
     
  • Financial Advisor - Hudson County

    American International Group

     - Jersey City, NJ

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - Morris County

    American International Group

     - Morristown, NJ

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - Overland Park, Kansas

    American International Group

     - Scottsdale, AZ

    Position Description Location: Overland Park, Kansas Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering...

    4 days ago from American International Group
     
  • Financial Advisor - Nassau County NY Territory

    American International Group

     - Mineola, NY

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - Minneapolis/St. Paul

    American International Group

     - Minneapolis, MN

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Licensing Specialist - Sun America

    American International Group

     - Amarillo, TX

    Position Description As a Licensing Specialist on the Licensing team you will be responsible for appointing agents and broker/dealers within the 50 states so they may sell annuity...

    4 days ago from American International Group
     
  • Financial Advisor - Camden County New Jersey Territory

    American International Group

     - Cherry Hill, NJ

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - St. Louis, MO

    American International Group

     - Fayetteville, NC

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor - Wayne Bergen County

    American International Group

     - Wayne, NJ

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Director Internal Sales

    American International Group

     - Houston, TX

    Position Description Director Internal Sales- Houston The Director of Internal Sales purpose is to Supervise, Train and Coach Internal Wholesalers & Team Leaders, support External...

    4 days ago from American International Group
     
  • Financial Advisor - Northeast VT Territory

    American International Group

     - St Johnsbury, VT

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Sales Training Manager

    American International Group

     - Houston, TX

    Position Description This is an excellent position for someone looking for an opportunity to be part of an expanding Sales Training Department. The Training Specialist position...

    4 days ago from American International Group
     
  • Financial Avisor- AIG Advisor Group

    American International Group

     - Houston, TX

    Position Description Experienced Financial Advisors Only Why Spend 80% of your time prospecting and only 20% of your time advising? What if you could spend 80% of your time...

    4 days ago from American International Group
     
  • Regional Supervision Manager

    American International Group

     - Oakdale, MN

    Position Description Responsible for the review of brokerage and directly-held transactions within the back-office systems; ensure those transactions are suitable based on stated...

    4 days ago from American International Group
     
  • Financial Advisor - Broward County

    American International Group

     - Fort Lauderdale, FL

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
  • Associate Financial Consultant - Greater DC Area(0410-22877) 

    NEW

    Charles Schwab Corporation

     - Bethesda, MD

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Restricted Stock Sr. Specialist(20150515-1778) 

    NEW

    Charles Schwab Corporation

     - Lone Tree, CO

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Restricted Stock Specialist(20150515-1777) 

    NEW

    Charles Schwab Corporation

     - Englewood, CO

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Restricted Stock Specialist(20150515-1776) 

    NEW

    Charles Schwab Corporation

     - Englewood, CO

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Client Service Specialist - Alexandria, VA(20150521-1851) 

    NEW

    Charles Schwab Corporation

     - Alexandria, VA

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Senior Manager, Communications Compliance(20150518-1795) 

    NEW

    Charles Schwab Corporation

     - Austin, TX

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Cashiering Team Lead(20150515-1771) 

    NEW

    Charles Schwab Corporation

     - Orlando, FL

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    3 days ago from Charles Schwab Corporation
     
  • Sales Director, Managed Account and Alternative Investment(20150428-1563)

    Charles Schwab Corporation

     - Chicago, IL

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    4 days ago from Charles Schwab Corporation
     
  • Associate Financial Consultant - Pleasanton, CA(20150521-1849)

    Charles Schwab Corporation

     - Pleasanton, CA

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    4 days ago from Charles Schwab Corporation
     
  • Internal Sales Representative - Charles Schwab Investment Management(20150511-1685)

    Charles Schwab Corporation

     - Denver, CO

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    4 days ago from Charles Schwab Corporation
     
  • Associate Financial Consultant- Stockton, CA(20150518-1813)

    Charles Schwab Corporation

     - Stockton, CA

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    4 days ago from Charles Schwab Corporation
     
  • Associate Financial Consultant- Oakland, CA (Sourcing Req)(0521-23591)

    Charles Schwab Corporation

     - Oakland, CA

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    4 days ago from Charles Schwab Corporation
     
  • Client Service Specialist - Cherry Creek, CO(20150518-1798)

    Charles Schwab Corporation

     - Cherry Creek, CO

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    4 days ago from Charles Schwab Corporation
     
  • Regional Support Specialist - Advisor Services (South Central Region)(0520-23587)

    Charles Schwab Corporation

     - Plano, TX

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    5 days ago from Charles Schwab Corporation
     
  • Vice President, Financial Consultant - Cincinnati, OH(20150518-1797)

    Charles Schwab Corporation

     - Cincinnati, OH

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    5 days ago from Charles Schwab Corporation
     
  • Sr. Relationship Manager, Advisor Services - Southern Region(0518-23531)

    Charles Schwab Corporation

     - Atlanta, GA

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    5 days ago from Charles Schwab Corporation
     
  • Financial Consultant Assistant - Paramus, NJ(20150508-1668)

    Charles Schwab Corporation

     - Paramus, NJ

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    5 days ago from Charles Schwab Corporation
     
  • Associate Financial Consultant - Colorado Springs, CO(20150518-1800)

    Charles Schwab Corporation

     - Colorado Springs, CO

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    5 days ago from Charles Schwab Corporation
     
  • Client Service Specialist - Franklin, TN(20150518-1815)

    Charles Schwab Corporation

     - Franklin, TN

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    5 days ago from Charles Schwab Corporation
     
  • Vice President, Financial Consultant - Seal Beach, CA(20150518-1793)

    Charles Schwab Corporation

     - Seal Beach, CA

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    6 days ago from Charles Schwab Corporation
     
  • Vice President, Financial Consultant - Salt Lake City, UT(20150518-1803)

    Charles Schwab Corporation

     - Salt Lake City, UT

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    6 days ago from Charles Schwab Corporation
     
  • Sr. Relationship Manager, Advisor Services - Chicago Metro Region(0518-23530)

    Charles Schwab Corporation

     - Chicago, IL

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    6 days ago from Charles Schwab Corporation
     
  • Manager, Risk Analysis(20150512-1699)

    Charles Schwab Corporation

     - Phoenix, AZ

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    7 days ago from Charles Schwab Corporation
     
  • Associate Financial Consultant - Kenilworth, IL(1211-21165)

    Charles Schwab Corporation

     - Kenilworth, IL

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    7 days ago from Charles Schwab Corporation
     
  • Client Service Specialist Ops Manager- Richfield, OH(20150503-1621)

    Charles Schwab Corporation

     - Dayton, OH

    We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity.

    7 days ago from Charles Schwab Corporation
  • Private Client Service Specialist-Sales Support - Chase Wealth Management

    JPMorgan Chase

     - Columbus, OH

    The Chase Private Client (CPC) Service Specialist is responsible for delivering a superior service as we assist our advisors with the sales of bank managed products on the private...

    4 days ago from JPMorgan Chase & Co
     
  • Asset Management Private Bank Latin America Investment Team Lead HNW/Mexico

    JPMorgan Chase

     - New York City, NY

    JP Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of more than %242 trillion and operations in more than 60 countries. We serve millions of...

    4 days ago from JPMorgan Chase & Co
     
  • Asset Management - Private Bank - Investment Specialist - VP - Emerging High Net Worth

    JPMorgan Chase

     - New York City, NY

    J.P. Morgan Private Bank has been helping the world’s wealthiest individuals, families, foundations, and endowments grow, manage, and sustain their wealth through personalized,...

    4 days ago from JPMorgan Chase & Co
     
  • Chase Private Client Investment Associate

    JPMorgan Chase

     - Columbus, OH

    Chase Private Client (CPC) is an exclusive business within Chase that caters to affluent customers. CPC is one of the firm's key growth priorities over the next few years. CPC is...

    4 days ago from JPMorgan Chase & Co
     
  • Corporate Compliance - Registration Advisory - Associate

    JPMorgan Chase

     - Columbus, OH

    JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of %242 trillion and operations in more than 60 countries. The firm is a leader in...

    4 days ago from JPMorgan Chase & Co
     
  • Anticipated Financial Advisor - Chase Wealth Management – Lompoc, CA and Surrounding Area

    JPMorgan Chase

     - Santa Maria, CA

    Financial Advisor Associate Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial...

    4 days ago from JPMorgan Chase & Co
     
  • Asset Management, Client Service Associate, Private Banking

    JPMorgan Chase

     - Chicago, IL

    J.P. Morgan Private Bank is a global wealth management leader that delivers the highest quality advice, service, capabilities and products to high net worth and ultra high net...

    5 days ago from JPMorgan Chase & Co
     
  • CIB – Equity Derivatives Hedge Fund Sales – Vice President –

    JPMorgan Chase

     - New York City, NY

    About J.P. Morgan Corporate & Investment Bank J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most...

    5 days ago from JPMorgan Chase & Co
     
  • Asset Management - Private Bank Investment Specialist - HNW Executive Wealth Group

    JPMorgan Chase

     - New York City, NY

    J.P. Morgan Private Bank Investment Specialist J.P. Morgan is a global leader in asset and wealth management services. We serve four distinct client groups through two businesses:...

    5 days ago from JPMorgan Chase & Co
     
  • Asset Management Transaction Processing Manager - Associate

    JPMorgan Chase

     - Newark, DE

    Cash Operations is a team dedicated to servicing all of the client needs from transaction processing through investigations support. Individual is responsible for daily workflow,...

    5 days ago from JPMorgan Chase & Co
     
  • Chase Wealth Management - Financial Advisor - Poland, OH (Poland)

    JPMorgan Chase

     - Poland, OH

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    5 days ago from JPMorgan Chase & Co
     
  • Chase Wealth Management - Financial Advisor Associate - Bay Ridge

    JPMorgan Chase

     - Brooklyn, NY

    Financial Advisor Associate Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial...

    5 days ago from JPMorgan Chase & Co
     
  • Anticipated Private Client Advisor - Chase Wealth Management - Salt Lake City

    JPMorgan Chase

     - Bountiful, UT

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    5 days ago from JPMorgan Chase & Co
     
  • Anticipated Financial Advisor - Chase Wealth Management

    JPMorgan Chase

     - Grand Rapids, MI

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    5 days ago from JPMorgan Chase & Co
     
  • Anticipated Private Client Advisor - Chase Wealth Management

    JPMorgan Chase

     - Wenatchee, WA

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    5 days ago from JPMorgan Chase & Co
     
  • Corporate Compliance - Bank Discretionary Investment Management, Global Wealth Management - Executive Director

    JPMorgan Chase

     - New York City, NY

    JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of %242 trillion and operations in more than 60 countries. The firm is a leader in...

    5 days ago from JPMorgan Chase & Co
     
  • Anticipated Private Client Advisor - Chase Wealth Management - Alhambra Valley

    JPMorgan Chase

     - Monrovia, CA

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    7 days ago from JPMorgan Chase & Co
     
  • Chase Private Client Investment Associate - Lexington, KY (Zandale)

    JPMorgan Chase

     - Lexington, KY

    Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of %242.3 trillion and...

    7 days ago from JPMorgan Chase & Co
     
  • Anticipated Private Client Advisor - Chase Wealth Management - Lakewood, CA (Del Amo)

    JPMorgan Chase

     - Buena Park, CA

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    7 days ago from JPMorgan Chase & Co
     
  • Private Client Advisor - Chase Wealth Management -South Austin, Texas Area

    JPMorgan Chase

     - Lakeway, TX

    Financial Advisor Business Description: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm...

    7 days ago from JPMorgan Chase & Co
     
  • Financial Advisor 

    NEW

    Multinational Spanish Banking Group

     - Turlock, CA

    Responsibilities Provide financial advice and counseling to customers and prospects through the sale of mutual funds, government, municipal and corporate bonds, fixed and variable...

    22 hours ago from IvyExec
     
  • Financial Advisor 

    NEW

    Major Mutual Fund Investment Management Company

     - Valley Forge, PA

    Your Primary Duties and Responsibilities: Develop a thorough understanding of each clients financial situation in order to create and deliver a suitable strategy based upon...

    22 hours ago from IvyExec
     
  • Financial Advisor 

    NEW

    First Command Financial Services

     - Santa Maria, CA

    First Command Financial Services is committed to helping military families get their financial lives squared away and pursue their goals and dreams through coaching and guidance...

    3 days ago from First Command Financial Services, Inc.
     
  • Financial Advisor

    Bank of the West

     - Aurora, CO

    What sets Bank of the West apart from other banks is our team members-they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of...

    4 days ago from Women's Career Channel
     
  • Financial Advisor

    American International Group

     - Danville, VA

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    4 days ago from American International Group
     
  • Financial Advisor

    BMO

     - Chicago, IL

    Premier Financial Advisor works in collaboration with the Premier Banker, Regional Market Leader and other team members to ensure the comprehensive delivery of Premier Services'...

    4 days ago from Professional Diversity Network
     
  • Financial Advisor

    BMO

     - Kokomo, IN

    Premier Financial Advisor works in collaboration with the Premier Banker, Regional Market Leader and other team members to ensure the comprehensive delivery of Premier Services'...

    4 days ago from IHispano
     
  • Financial Advisor

    BB&T

     - Rockville, MD

    Auto req ID 32777BR Posting Title Financial Advisor Business Unit Scott & Stringfellow Group Address Rockville, MD - 9401 Key West Avenue Language Fluency English...

    4 days ago from IHispano
     
  • Financial Advisor

    Leading Financial Services Firm

     - Wyomissing, PA

    Sr. Wealth Advisor This firm takes great pride in the fact that they have one of the highest client retention rates in the industry with over 95% of their clients remaining with...

    4 days ago from IvyExec
     
  • Financial Advisor

    NASA Federal Credit Union

     - Upper Marlboro, MD

    The Financial Advisor provides professional advisory services to Private and Business clients. Prepares and delivers comprehensive financial plans that may include portfolio...

    5 days ago from NASA Federal Credit Union
     
  • Financial Advisor

    BB&T

     - Greenville, NC

    Essential Duties and Responsibilities: The following is a summary of the essential functions for this job. Other Duties may be performed, both major and minor, which are not...

    5 days ago from BB&T Corp
     
  • Financial Advisor

    AXA Advisors

     - Oklahoma City, OK

    Financial Advisor- Entry Level or Experienced Description AXA Advisors is a leader in helping individuals and businesses address their financial goals through financial...

    6 days ago from CareerRookie.com
     
  • Financial Advisor

    Hancock Bank

     - Florida

    Coordinates with bank business partners in order to have the opportunity meet with bank customers and determine how to meet their investment needs Develops marketing and sales...

    7 days ago from Hancock Bank
     
  • Financial Advisor

    AIG Financial Advisors

     - Sarasota, FL

    Position Description Why VALIC? At VALIC, our Financial Advisors assist clients in the education, healthcare and governmental sectors by partnering to plan for their retirement.

    7 days ago from BrokerHunter.com
  • Financial Firm Service Compliance Requires Series 7, 24 and/or 65 

    NEW

    Green Financial Resources

     - Duluth, GA

    investment products and financial industry compliance regulations is desired. Attention ... issues; and assisting with broker/dealer and FINRA/SEC audits; amongst other...

    1 hour ago from JOBS Employment Board
     
  • PART TIME OPERATIONS and COMPLIANCE ASSOCIATE 

    NEW

    Davis Capital Advisors

     - New York, NY

    proposals using Excel and Power Point;Compliance Responsibilities include:-Maintain ... the firm's compliancewith all FINRA, MSRB, SEC securities and exchange...

    1 hour ago from JOBS Employment Board
     
  • Business Analyst/ Model Development & Management 

    NEW
    New York City, NY

    personnel processes, audit/compliance, premises, and coordination of certain projects, ... Requires a minimum ofFINRA Series 7 and Series 66 licensing. Working knowledge...

    11 hours ago from IvyExec
     
  • Private Banking Wealth Management Lawyer 

    NEW

    Multinational Financial Services Holding Company

     - New York City, NY

    Act, the ’33 and ‘34 Acts as well as the FINRA rules and regulations related to the ... and work closely with the Chief Compliance Officer and Compliance Department for...

    11 hours ago from IvyExec
     
  • Corporate Compliance Fixed Income Compliance Vice President 

    NEW

    JPMorgan - Finance Industry

     - New York City, NY

    Compliance Department is seeking an experienced compliance officer or attorney to join its ... swap dealer CCO and other members of the compliance department...

    17 hours ago from VelvetJobs
     
  • Compliance Marketing Review Officer 

    NEW

    Leading Global Financial Services Firm

     - New York City, NY

    and separately managed accounts to assess compliance with FINRA and SEC rules and ... skills; -Extensive knowledge of FINRA and SEC regulations that addressing...

    22 hours ago from IvyExec
     
  • Compliance Coverage Officer - FID FX and Emerging Markets 

    NEW

    Leading Global Financial Services Firm

     - New York City, NY

    Compliance Department manages a Firmwide Compliance Risk Management program, including ... · Knowledge of regulatory compliance including FINRA, SEC and CFTC regulations;...

    22 hours ago from IvyExec
     
  • Complex Risk Officer 

    NEW

    Leading Global Financial Services Firm

     - Ridgewood, NJ

    as related to risk and compliance · Together with the Senior Complex Risk Officer, ... FINRA and Firm CompliancePolicies and Procedures · Effective written and verbal...

    22 hours ago from IvyExec
     
  • Compliance Officer - Investments 

    NEW

    Global Provider of Financial Consulting Services

     - Philadelphia, PA

    The Compliance Officer handles substantive compliance responsibilities such as the ... The Compliance Officerwill take a lead role in the firms compliance program under Rules 3...

    22 hours ago from IvyExec
     
  • Compliance Officer â?? FRC Advisory 

    NEW

    Private Wealth & Asset Management Firm

     - New York City, NY

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Written: May 23, 2015


One, and only one, Securities and Exchange Commissioner got it right. To her ever-lasting credit and to the shame of her colleagues, Commissioner Kara Stein stood up for public investors and what's left of integrity in the financial services community. Please see my commentary at
I commend Commissioner Stein's majestic jeremiad to your consideration:




Yesterday, I tried to predict the future. A few hours before the United States Department of Justice announced its settlement with JPMorgan Chase, Citigroup, Barclays, the Royal Bank of Scotland (“RBS”) and UBS over charges of having manipulated the foreign currency markets, I offered my take on what I thought was coming down the old regulatory and prosecution pike. Based upon the subsequent news conference and press releases, it seems that I was indeed plugged into the hidden mysteries of the Universe. Fact is, many of you have joked with me about how spot on I was. I am now working on the next winner of the Belmont Stakes.

I have little expectation that this current round of market regulation will produce anything more than the highly-touted billions of dollars in fines. Stripped of the fanfare and over-used admonitions, the federal regulators and prosecutors involved in this latest round of dealing with the too-big-to-fail and the too-big-to-do-anything-about accomplished little more than what I frequently refer to as "checkbook diplomacy."  READ



It is now 8:30 a.m. EDT on May 20, 2015 and I am posting thisBrokeAndBroker.com Blog without much enthusiasm – I think the fancy French word for how I feel is "ennui." Look it up. It will make you feel cosmopolitan and sophisticated. Nothing like expanding your vocabulary on a Wednesday.

According to rumors running rampant in the media, we are all breathlessly awaiting an announcement, perhaps at 10 a.m., that the United States Department of Justice (“DOJ”) has settled its pending currency market rigging case with JPMorgan Chase, Citigroup, Barclays, the Royal Bank of Scotland (“RBS”) and UBS.  Word has it that the five banks will be pleading guilty to criminal antitrust and fraud charges attendant to their manipulation of the foreign-exchange markets (“FOREX”).

Well, at least some if not all of the banks will be pleading – alas, the vagaries of last-minute rumors. And, sure, the spin will likely be that it wasn't actually the banks that did this but a small group of renegade employees, who conspired sub rosa and unbeknownst to the higher-ups who actually ran the banks. Then there's that thing about the higher-ups because, you know, those higher-ups who were running things at the times cited by DOJ have largely moved on and out and there is a whole new cadre of higher-ups, untainted by this current scandal. I'm guessing (going out on a limb here) that the banks will argue we shouldn't blame a humongous international organization for the misdeeds of a few out-of-control traders who kept it all off the firms' state-of-the-art compliance radar screens. READ


The United State Court of Appeals for the Ninth Circuit ("9Cir") affirmed the Central District of California's ("CDCA's") judgment in a class action brought under the Employee Retirement Income Security Act by beneficiaries who alleged that their pension plan was managed imprudently and in a self-interested fashion. In rejecting a continuing violation theory, the 9Cir held that under ERISA’s six-year statute of limitations, the CDCA correctly measured the timeliness of claims alleging imprudence in plan design from when the decision to include those investments in the plan was initially made. 

On appeal to the United States Supreme Court from the 9Cir is the question of:

Whether a claim that ERISA plan fiduciaries breached their duty of prudence by offering higher-cost retail-class mutual funds to plan participants, even though identical lower-cost institution-class mutual funds were available, is barred by 29 U. S. C. §1113(1) when fiduciaries initially chose the higher-cost mutual funds as plan investments more than six years before the claim was filed.

Glenn Tibble Et Al., Petitioners,  v. Edison International, Et Al.(Opinion,United States Supreme Court, 575 U.S. ____ 2015, May 18, 2015)  

Now online at BrokeAndBroker.com the FULL TEXT 9th Circuit Opinion, the FULL TEXT Supreme Court Opinion, and the written transcript and sound file for the oral argument. READ


There comes a point in a registered representative's career when it may simply be time to move on. For many reps who decide to relocate, the questions of what information and documents can you take and how can you take them, present challenging issues. If you handle things properly, the move from one firm to another may go smoothly; if you don't handle things properly, the experience can truly be replete with nasty-grams and lawsuits from your former firm and an uncomfortable regulatory investigation from FINRA. Consider a recent example of a change of jobs that didn't end well. READ


 

Written: May 22, 2015

One, and only one, Securities and Exchange Commissioner got it right. To her ever-lasting credit and to the shame of her colleagues, Commissioner Kara Stein stood up for public investors and what's left of integrity in the financial services community. Please see my commentary at
The shame and disgrace to which the regulation of the financial markets has fallen:

Investment Company Act Notices and Orders

Other Commission Orders, Notices, and Information

I commend Commissioner Stein's majestic jeremiad to your consideration:


Commissioner Kara M. Stein

May 21, 2015

I dissent from the Commission’s Orders, issued on May 20, 2015, that granted the following waivers from an array of disqualifications required by federal securities regulations:[1]  

1) UBS AG, Barclays Plc, Citigroup Inc., JPMorgan Chase & Co. (“JPMC”), and the Royal Bank of Scotland Group Plc (“RBSG”), waivers from the provisions under Commission rules that automatically make them ineligible for well-known seasoned issuer (“WKSI”) status;[2]

2) UBS AG, Barclays, and JPMC waivers from automatic disqualification provisions related to the safe harbor for forward-looking statements under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934; and

3) UBS AG and three Barclays entities[3] waivers from the automatic Bad Actor disqualification provided under Rule 506.[4]

The disqualifications were triggered for generally the same behavior: a criminal conspiracy to manipulate exchange rates in the foreign currency exchange spot market (“FX Spot Market”), a global market for buying and selling currencies.  Traders at these firms “entered into and engaged in a combination and conspiracy to fix, stabilize, maintain, increase or decrease the price of, and rig bids and offers for,” the euro-dollar foreign currency exchange (“FX”).[5]  To carry out their scheme, the conspirators communicated and coordinated trading almost daily in an exclusive online chat room that the traders referred to as “The Cartel” or “The Mafia.”[6]  Additionally, salespeople and traders lied to customers in order to collect undisclosed markups in certain transactions.[7]  This criminal behavior went on for years, unchecked and undeterred.[8]

There are compelling reasons to reject these requests to waive the automatic disqualifications required by statute or rule.  Chief among them, however, is the recidivism of these institutions.   For example, in the face of the FX criminal action, a majority of the Commission has determined to grant Citigroup yet another WKSI waiver, its fourth since 2006.  It is worth noting that Citigroup was automatically disqualified from WKSI status between 2010 and 2013 for unrelated misconduct, meaning that it has effectively now triggered WKSI disqualifications five times in roughly nine years.  Further, through this latest round of Orders, the Commission has granted:

Barclays its third WKSI waiver since 2007;
UBS its seventh WKSI waiver since 2008; 
JPMC its sixth WKSI waiver since 2008; and 
RBSG its third WKSI waiver since 2013.
The Commission has thus granted at least 23 WKSI waivers to these five institutions in the past nine years. The number climbs higher if you include Bad Actor and other waivers.

This latest round of criminal charges also comes on the heels of the Department of Justice’s actions against UBS, Barclays, and RBSG for their collusive manipulation of the London Interbank Offered Rate (“LIBOR”), a benchmark used in financial products and transactions around the world.  The manipulation of LIBOR was flagrant and “impact[ed] financial products the world over, and erode[d] the integrity of the financial markets.”[9]  As part of the settlements in the LIBOR matters, UBS, Barclays, and RBSG each entered into agreements with the Department of Justice in which they undertook not to commit additional crimes during the term of the agreements.[10]

Allowing these institutions to continue business as usual, after multiple and serious regulatory and criminal violations, poses risks to investors and the American public that are being ignored.  It is not sufficient to look at each waiver request in a vacuum. 

And today the Commission heads further down this path.  After the LIBOR guilty pleas, UBS was granted a WKSI waiver that was explicitly conditioned on compliance with the judgment in the LIBOR-related matter.[11]  That explicit condition has now been violated.  Yet, the Commission has just issued UBS a new WKSI waiver.   

It is troubling enough to consistently grant waivers for criminal misconduct.  It is an order of magnitude more troubling to refuse to enforce our own explicit requirements for such waivers.   This type of recidivism and repeated criminal misconduct should lead to revocations of prior waivers, not the granting of a whole new set of waivers.  We have the tools, and with the tools the responsibility, to empower those at the top of these institutions to create meaningful cultural shifts, yet we refuse to use them.

In conclusion, I am troubled by repeated instances of noncompliance at these global financial institutions, which may be indicative of a continuing culture that does not adequately support legal and ethical behavior.  Further, I am concerned that the latest series of actions has effectively rendered criminal convictions of financial institutions largely symbolic.  Firms and institutions increasingly rely on the Commission’s repeated issuance of waivers to remove the consequences of a criminal conviction, consequences that may actually positively contribute to a firm’s compliance and conduct going forward.  


[1] In the Matter of UBS AG, Order Under Rule 405 of the Securities Act of 1933, Granting a Waiver from Being an Ineligible Issuer, available at https://www.sec.gov/rules/other/2015/33-9782.pdf;  In the Matter of Barclays Plc, Order Under Rule 405 of the Securities Act of 1933, Granting a Waiver from Being an Ineligible Issuer, available at https://www.sec.gov/rules/other/2015/33-9778.pdf; In the Matter of Citigroup Inc., Order Under Rule 405 of the Securities Act of 1933, Granting a Waiver from Being an Ineligible Issuer, available at https://www.sec.gov/rules/other/2015/33-9779.pdf; In the Matter of JPMorgan Chase & Co., Order Under Rule 405 of the Securities Act of 1933, Granting a Waiver from Being an Ineligible Issuer, available at https://www.sec.gov/rules/other/2015/33-9780.pdf; In the Matter of The Royal Bank of Scotland Group Plc, Order Under Rule 405 of the Securities Act of 1933, Granting a Waiver from Being an Ineligible Issuer, available at https://www.sec.gov/rules/other/2015/33-9781.pdf;  In the Matter of UBS AG, Order Under Section 27A(b) of the Securities Act of 1933 and Section 21E(b) of the Securities Exchange Act of 1934, Granting Waivers of the Disqualification Provisions of Section 27A(b)(1)(A)(i) of the Securities Act of 1933 and Section 21E(b)(1)(A)(i) of the Securities Exchange Act of 1934 as to UBS AG, available at https://www.sec.gov/rules/other/2015/33-9784.pdf; In the Matter of Barclays Plc, Order Under Section 27A(b) of the Securities Act of 1933 and Section 21E(b) of the Securities Exchange Act of 1934, Granting Waivers of the Disqualification Provisions of Section 27A(b)(1)(A)(i) of the Securities Act of 1933 and Section 21E(b)(1)(A)(i) of the Securities Exchange Act of 1934 as to Barclays Plc, available at https://www.sec.gov/rules/other/2015/33-9783.pdf; In the Matter of JPMorgan Chase & Co., Order Under Section 27A(b) of the Securities Act of 1933 and Section 21E(b) of the Securities Exchange Act of 1934, Granting Waivers of the Disqualification Provisions of Section 27A(b)(1)(A)(i) of the Securities Act of 1933 and Section 21E(b)(1)(A)(i) of the Securities Exchange Act of 1934 as to JPMorgan Chase & Co., available at https://www.sec.gov/rules/other/2015/33-9785.pdf; In the Matter of UBS AG, Order Under Rule 506(d) of the Securities Act of 1933 Granting a Waiver of the Rule 506(d)(1)(i) Disqualification Provision, available at https://www.sec.gov/rules/other/2015/33-9787.pdf; In the Matter of Barclays Plc, Barclays Bank Plc, and Barclays Capital, Inc., Order Under Rule 506(d) of the Securities Act of 1933 Granting a Waiver of the Rule 506(d)(1)(iii) Disqualification Provision, available at https://www.sec.gov/rules/other/2015/33-9786.pdf.

[2] Created by the Commission as part of the Securities Offering Reforms of 2005, WKSI, or well-known seasoned issuer, status is available “for the most widely followed issuers representing the most significant amount of capital raised and traded in the United States.” See Division of Corporation Finance’s Revised Statement on Well-Known Seasoned Issuer Waivers (Apr. 24, 2014), available at http://www.sec.gov/divisions/corpfin/guidance/wksi-waivers-interp-031214.htm.  This status confers on the largest companies certain advantages over smaller companies.  For example, WKSIs are granted nearly instant access to investors through the capital markets.  In addition, WKSIs enjoy greater flexibility in their public communications and a streamlined registration process with less oversight than smaller businesses.

[3] Based on a loophole contained in Rule 506(d)(2)(iii), the CFTC is allowed to opine on the Commission’s Rule 506 jurisprudence.  In Orders dated November 11, 2014, the CFTC determined RBSG, Citibank, N.A., and JPMorgan Chase Bank, N.A., should receive a waiver from automatic disqualification under SEC rules.  See In the Matter of the Royal Bank of Scotland plc, Order Instituting Proceedings Pursuant to Sections 6(c)(4)(A) and 6(d) of the Commodity Exchange Act, Making Findings, and Imposing Remedial Sanctions, CFTC Docket No. 15-05, at 15-16 (Nov. 11, 2014), available at http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/
legalpleading/enfroyalbankorder111114.pdf; In the Matter of Citibank, N.A., Order Instituting Proceedings Pursuant to Sections 6(c)(4)(A) and 6(d) of the Commodity Exchange Act, Making Findings, and Imposing Remedial Sanctions, CFTC Docket No. 15-03, at 17 (Nov. 11, 2014), available at http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/
legalpleading/enfcitibankorder111114.pdf; In the Matter of JPMorgan Chase Bank, N.A., Order Instituting Proceedings Pursuant to Sections 6(c)(4)(A) and 6(d) of the Commodity Exchange Act, Making Findings, and Imposing Remedial Sanctions, CFTC Docket No. 15-04, at 17 (Nov. 11, 2014), available at http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/
legalpleading/enfjpmorganorder111114.pdf.

[4] Section 926 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“the Dodd-Frank Act”) required the Commission to adopt rules that disqualify certain securities offerings from reliance on Rule 506 of Regulation D.  The Commission adopted final rules disqualifying felons and other “Bad Actors” from Rule 506 offerings on July 10, 2013.  See SEC Release No. 33-9414, available at http://www.sec.gov/rules/final/2013/33-9414.pdf.

[5] See e.g., U.S. v. Barclays Plc, Plea Agreement, ¶ 2 (May 20, 2015), available at http://www.justice.gov/file/440481/download.

[6] Id. ¶ 4(h).

[7] See, e.g., id. Attachment C, Disclosure Notice.

[8] “Citicorp, which was involved from as early as December 2007 until at least January 2013, has agreed to pay a fine of $925 million; Barclays, which was involved from as early as December 2007 until July 2011, and then from December 2011 until August 2012, has agreed to pay a fine of $650 million; JPMorgan, which was involved from at least as early as July 2010 until January 2013, has agreed to pay a fine of $550 million; RBS, which was involved from at least as early as December 2007 until at least April 2010, has agreed to pay a fine of $395 million….

UBS participated in this collusive conduct from October 2011 to at least January 2013” and “UBS agreed to pay a criminal penalty of $203 million.” See Press Release, Five Major Banks Agree to Parent-Level Guilty Pleas, U.S. Department of Justice (May 20, 2015), available at http://www.justice.gov/opa/pr/five-major-banks-agree-parent-level-guilty-pleas.  

[9] Press Release, Department of Justice, RBS Securities Japan Ltd Sentenced for Manipulation of Yen LIBOR (Jan. 6, 2014), available at http://www.justice.gov/atr/public/press_releases/2014/302785.htm.

[10] See U.S. Department of Justice Letter Re: UBS AG (Dec. 18, 2012), available at http://www.justice.gov/iso/opa/resources/1392012121911745845757.pdf; U.S. Department of Justice Letter Re: Barclays Bank PLC (June 26, 2012), available at http://www.justice.gov/iso/opa/resources/337201271017335469822.pdf;  United States of America v. the Royal Bank of Scotland plc, Deferred Prosecution Agreement (Feb. 5, 2013), available at http://www.justice.gov/iso/opa/resources/28201326133127414481.pdf.    As part of this package of plea agreements, rather than pleading to the deceptive FX trading and sales practices in which it engaged, UBS AG agreed to “plead guilty to manipulating the London Interbank Offered Rate (“LIBOR”) and other benchmark interest rates and pay a $203 million criminal penalty, after breaching its December 2012 non-prosecution agreement resolving the LIBOR investigation.”  Moreover, “Barclays has … agreed that its FX trading and sales practices and its FX collusive conduct constitute federal crimes that violated a principal term of its June 2012 non-prosecution agreement resolving [DOJ’s] investigation of the manipulation of LIBOR and other benchmark interest rates.”  Press Release, Five Major Banks Agree to Parent-Level Guilty Pleas, U.S. Department of Justice (May 20, 2015), available at http://www.justice.gov/opa/pr/five-major-banks-agree-parent-level-guilty-pleas.

[11] See Letter from the Division of Corporation Finance Re: United States of America v. UBS Securities Japan Co., Ltd., UBS AG – Waiver Request of Ineligible Issuer Status under Rule 405 of the Securities Act (Sep. 19, 2013), available at https://www.sec.gov/divisions/corpfin/cf-noaction/2013/ubs-ag-091913-405.pdf ) (finding good cause to waive ineligibility for WKSI status “[b]ased on the facts and representations in your letter, and assuming [UBS AG] and UBS Japan comply with the Judgment”).

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