FINRA

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  FINRA on Record Enforcement Pace in ’13, Enforcement Chief Says

  By Melanie Waddell, AdvisorOne  |  May 24, 2013

  “FINRA enforcement continues to have a strong caseload, with a record number of cases on the same pace this year as last,” said Brad Bennett, FINRA’s chief of enforcement.

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  Top Portfolio Products: ProShares Offers Hedged High-Yield Bond ETF

  By Marlene Y. Satter, AdvisorOne  |  May 23, 2013

  Smarsh and NASDAQ OMX announce partnership; S&P Capital IQ adds to its ETF research lineup.

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  SEC, FINRA Enforcement: Father, Son Cherry-Picking Scheme; South Miami in Muni-Bond Fraud

  By Marlene Y. Satter, AdvisorOne  |  May 23, 2013

  Recent enforcement actions include charges against a father and son for making undeclared trades and then cherry-picking the profitable ones, and charges against the city of South Miami for defrauding investors on muni bonds.

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  Is Your Broker-Dealer a Screaming Eagle or a Box Wine?

  By Jonathan Henschen, CFS, Henschen & Assoc.  |  May 22, 2013

  Whether you’re a high-end wine or a high-end broker-dealer with a cult following, it’s all about “the experience.”

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  FINRA Inks Deal With Direct Edge, Gains Oversight of 90% of Equity Trading Volume

  By Melanie Waddell, AdvisorOne  |  May 22, 2013

  FINRA announced Wednesday that Direct Edge, the third-largest stock exchange operator in the U.S., has made a deal with FINRA to provide market surveillance services on behalf of Direct Edge's two licensed stock exchanges.

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  The CFP Board’s CE Proposal: What’s Driving This Flawed Idea?

  By Michael E. Kitces  |  May 22, 2013

  In the final post in a series, an exploration of what may be behind the CFP Board’s proposal to offer continuing education. Is it looking to compete with other planning associations?

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  FINRA’s Ketchum to SEC: Act Now on Fiduciary, or We’ll Make Our Own Disclosure Rules

  By Melanie Waddell, AdvisorOne  |  May 21, 2013

  Ketchum said, that without action, FINRA would “look hard” at issuing “an additional disclosure rule with respect to broker-dealer firms.”

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  FINRA Fines LPL $9M for Failing to Monitor Emails

  By Melanie Waddell, AdvisorOne  |  May 21, 2013

  FINRA announced Tuesday that it fined LPL for 35 separate, “significant email system failures,” and for making material misstatements to FINRA during its investigation.

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  Bond Investors Must Prepare for Rate Spike: SEC’s Walter

  By Melanie Waddell, AdvisorOne  |  May 20, 2013

  At the FINRA conference, the former SEC chairwoman said that she continues to be “disturbed” by how the SEC has “ignored” the fixed-income market.

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  The 2013 IA 25: Advisor Advocates and Regulators

  By Editorial Staff  |  May 20, 2013

  Since the financial crisis, advisors have had to defend their businesses from wary consumers, overzealous legislators and sometimes even other advisors whose unscrupulous actions would cast good advisors in the same shadow as bad advisors.