The Wall Street Legal & Regulatory Feed
by Bill Singer
by Bill Singer
Securities Industry Commentator by Bill Singer Esq
November 28, 2017
(Financial Advisor IQ, by Rita Raagas De Ramos November 28, 2017) http://financialadvisoriq.com/c/1806543/209103 UBS is withdrawing from the Protocol for Broker Recruiting, effective December 1, making it the second wirehouse and first original signatory to announce its exit.
Edward Jones Stockbroker Shot Blanks In FINRA Customer Signature Settlement http://www.brokeandbroker.com/3690/finra-signature-/ It's holiday time and that means another year about to go under your belt. Which also means that you're getting ready for another round of annual compliance meetings, annual compliance questionnaires, and annual reviews of your book of business (and you're once again hoping that your firm doesn't uncover that short-cut you took with some paperwork and doesn't ask too many questions about the losses in that nice widow's account). In a recent FINRA regulatory settlement, we consider the fine and suspension imposed upon a registered rep who engaged in an excess of customer service when it came to completing forms and obtaining original signatures. Bah Humbug! Now that's the holiday spirit! READ http://www.brokeandbroker.com/3690/finra-signature-/