FBR Capital Markets Loses Commission Dispute
Gotta love life on Wall Street. You owe me! No we don't! Yes you do!! Yeah -- so go ahead and sue us. Read this saga and see who wound up coughing up what.
Gotta love life on Wall Street. You owe me! No we don't! Yes you do!! Yeah -- so go ahead and sue us. Read this saga and see who wound up coughing up what.
Was this a kid representing himself pro se? Did FINRA really need to extract a Bar in this AWC? You be the judge.
You know, there are just some stories that you can only read, shrug, and after repressing a bit of a smile, realize that the circumstances aren't funny at all - but, what can I say, the variations of human nature being what they are, we live in an often comical world of absurdities.
You may think that you know when it's okay to exercise discretion. You may believe that what you marked as UNSOL was just that -- and not SOL. Read Bill Singer's analysis of a FINRA regulatory matter involving these two concepts.
What happens when Wall Street's in-house compliance does its job? Disaster is avoided. A firm's integrity preserved for another day. A must read for all industry professionals.
Why should you immediately burn all those blank forms in your desk -- you know, the ones that you asked your customers to sign? Bill Singer sets forth some compelling answers in this article.