Enforcement Roundup: Stock Scam by New Yorker Used to Pay for Vacation, Plastic Surgery
Meanwhile, Rajaratnam brother to pay more than $840,000 for insider trading.
3 Tips to Stay Compliant on Social Media
Advisors and their firms must have policies in place to govern how they address social media and how they train people to use it.
Go Social, Stay Compliant: 3 Tips for Advisors
Far from fearing social media, advisors should embrace it if they want to attract younger HNW clients. Here are three essential tips for staying compliant while being social.
BDs Watch Out: FINRA Issues 2012 ‘Watch List’
FINRA released on Tuesday its 2012 regulatory and examination “watch list,” which provides a laundry list of products the regulator will be zeroing in on.
New Raymond James Social Media Platform Lets Advisors Use LinkedIn, Facebook, Twitter
Raymond James is using a new social media platform from Actiance that will let it use social media sites including LinkedIn, Facebook and Twitter while complying with FINRA regs.
SEC, FINRA Sanction Chief Compliance Officers, Sutherland Report Finds
A recent report by the law firm Sutherland, Asbill & Brennan analyzes recent SEC and FINRA actions against chief compliance officers at BDs and advisory firms, highlighting examples of conduct that regulators have identified as “sanction-worthy.”
FINRA Releases Social Media, Smartphone Regs
FINRA has provided guidance to brokerage firms about social media and the use of personal devices for business communications, and the news has the finance world buzzing about how FINRA’s new rules will affect the brokerage industry.