Financial advisors who are devoted to their clients and cautious to avoid any potential customer disputes, complaints, claims, or termination events may be able to maintain CRD and BrokerCheck records...

As of June 1st, the new FINRA Rule 4111 is now effective, and the SRO has been hard at work attempting to highlight and hold accountable firms that house an...

An advisor in Michigan who has been in the industry for nearly 25 years had a ten-year-old Form U5 termination disclosure from FINRA with vague allegations pertaining to the advisor...

https://www.youtube.com/watch?v=DeuXpzDKrcU Contact Us Today! One of the final stages of a FINRA investigation is an on-the-record interview, or "OTR." An OTR is similar to a deposition or interrogation that focuses...

Contact Us Today! After leaving a firm, should you worry about your Form U5? When it comes to leaving a broker-dealer or wirehouse — whether on a voluntary or involuntary...

The Securities and Exchange Commission (SEC) has significantly intensified its examinations of RIAs in recent years. The Commission performed 2,251 exams on 16% of RIAs in the fiscal year 2021,...

A Phoenix-based advisor with over 15 years in the industry sought to expunge the only customer dispute on his records — a claim of unsuitability regarding a 2011 recommendation that...

https://www.youtube.com/embed/rHaEFBjjOqI Contact Us Today! Did you know that AdvisorLaw handles nearly 50% of all FINRA disclosure expungements? We have been helping advisors restore their reputations for nearly a decade. With...

A Los Angeles-based advisor with over 20 years in the industry sought expungement of the one mark on his public record — a termination disclosure from nearly a decade earlier....

Further supporting the notion purported by PIABA and NASAA that FINRA’s expungement process is far too forgiving to advisors, FINRA released a discussion paper on May sixth to address the...

Any advisor who has gone through a sale knows that it all comes down to selecting the right team to complete the transaction. You’re not only selling your company —...

An advisor in New Jersey who has been in the industry for nearly 30 years sought expungement of four, settled customer disputes that dated back to 2000. He hired AdvisorLaw...

A Seattle-based advisor had a customer dispute disclosure on his records since 2002, reflecting $650,000 in damages sought and a settlement of $225,000. Seeking to clear his record of the...

https://www.youtube.com/embed/ukLYMWGvl0g Contact Us Today! We frequently see RIAs make mistakes on their Forms ADV, oftentimes because they simply misunderstood a question. With the SEC’s recent changes to Reg BI, and...

You just received a letter from FINRA. You may have anticipated the letter, or you may be surprised to get the letter in the first place. If you carefully read...

Every member of FINRA has completed and filed a Form U4. But what may seem like an easy and uncomplicated task does carry with it some serious weight. It’s critical...

A 36-year veteran of the industry received three customer dispute disclosures between 2018 and 2020. All three involved investments in real estate investment trusts (REITs) and two of the claims...

In 2019, our advisor was hit with two disclosures — one customer dispute and one investigation — both pertaining to an investment made by a man in his 70s. Our...

https://www.youtube.com/embed/QcN7v1fYf6I Contact Us Today! The language a firm uses on a terminated advisor’s FINRA Form U5 can cause irreparable damage to their public record and ability to move to another...

It seems that more and more high-profile and multi-billion-dollar advisors are being terminated today than in the past. If you’re an advisor, these firings should act as a stark warning....