FINRA has sent a proposed rule to the Securities and Exchange Commission to adopt NASD Rule 3010(e) (Qualifications Investigated) relating to background investigations as FINRA[...]
Investment News
FINRA recently issued an Investor Alert, “Frontier Funds: Travel with Caution.” In the Alert, FINRA explains that “frontier funds” are those which invest in securities[...]
FINRA recently issued an Investor Alert, “Viral Disease Stock Scams: Don’t Let Them Infect Your Portfolio.” In the Alert, FINRA warns that dramatic news stories[...]
FINRA recently issued an Investor Alert, “High Yield CDs: Red Flags That Signal a Scam” warning investors about promotions of certificates of deposit (CDs) promising[...]
Following close on the heels of a downgrade by Standard & Poor’s, Moody’s Investors Services became the second rating agency in a week to cut[...]
Standard & Poor’s downgraded Puerto Rico’s general obligation bonds one level from the lowest investment-grade status of triple-B-minus to double-B-plus on February 4, 2014. The[...]
Financial Times recently reported that investors in Puerto Rico’s debt, including hedge funds, met with restructuring experts in New York as the likelihood increases for[...]
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) recently issued a Risk Alert on the due diligence processes that investment advisers[...]
Sonn Law Group represented Scott and Tanya Stephens in a FINRA arbitration proceeding against Morgan Keegan & Co., Inc., in which the Arbitration Panel ordered[...]
FINRA recently issued a Regulatory Notice soliciting comment regarding a proposal called Comprehensive Automated Risk Data System (CARDS). Under the CARDS program, Finra would compile[...]