Sutherland Asbill

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  FINRA Fines Jump in Suitability, Due Diligence

  By Melanie Waddell, AdvisorOne  |  March 14, 2013

  Fines issued by FINRA last year totaled $78.2 million, a 15% jump from the $68 million levied in 2011, according to the law firm Sutherland Asbill & Brennan.

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  Playing With Fire: CCOs and Lawyers Who Got Burned by Regulators

  By Melanie Waddell, AdvisorOne  |  October 12, 2012

  After analyzing disciplinary actions taken by the SEC and FINRA against CCOs and in-house counsel from June 2011 through June 2012, Sutherland found a slew of violations.

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  FINRA’s 5 Key Enforcement Trends to Watch in 2012

  By Melanie Waddell, AdvisorOne  |  March 16, 2012

  The significant jump in fines issued by FINRA in 2011 provides a look into the top areas that the regulator will be focusing on in 2012, according to the law firm Sutherland Asbill & Brennan.

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  5 Regulatory Red Flags for Advisors Who Use Commodity ETFs

  By John Sullivan, AdvisorOne  |  February 16, 2012

  A legal alert from the law firm Sutherland Asbill & Brennan lists the top issues that Gary Gensler's CFTC and the entire commodity ETF industry will need to address this year.

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  Former SEC Exam Chief Walsh: SEC Whistleblower Program 'Showing Traction'

  By Melanie Waddell, AdvisorOne  |  January 2, 2012

  The former chief counsel at the SEC's exam division, John Walsh, has formed a Whistleblower Response Team with several of his colleagues to help firms develop whistleblower response programs as the SEC’s 'initiative is beginning to show traction.'

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  New Year, New Fiduciary Rule?

  By Melanie Waddell, AdvisorOne  |  December 28, 2011

  While SEC Chairman Mary Schapiro said in mid-December comments first reported on Bloomberg that the agency would issue a proposed fiduciary rule this year, she also stated in the Bloomberg interview that a fiduciary rule proposal will be “business model neutral” and allow brokers working with retail investors to sell...

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  Reaction to Schapiro Comments on Fiduciary Rule Are Quick and Varied

  By Melanie Waddell, AdvisorOne  |  December 9, 2011

  Bloomberg reports SEC chairman considering “business model neutral” rule that retains proprietary products, commissions; Evensky, Tittsworth, Brown and Barry respond.

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  SEC, FINRA Sanction Chief Compliance Officers, Sutherland Report Finds

  By Melanie Waddell, AdvisorOne  |  October 7, 2011

  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.”

• U.S. Court Curbs FINRA’s Disciplinary Powers

  By Melanie Waddell, AdvisorOne  |  October 6, 2011

  A federal appeals court in Manhattan ruled Wednesday that FINRA did not have the right to take its members to court to enforce its disciplinary actions.

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  Taking on the SEC and FINRA—Sometimes It Pays

  By Melanie Waddell, AdvisorOne  |  September 23, 2011

  New research from the law firm Sutherland shows that it pays to litigate against the SEC and FINRA, particularly when it comes to fraud cases.