Navigate the complexities of financial advising with AdvisorLaw's Industry Insights. Our experts provide actionable analysis on critical areas impacting your practice, including the latest FINRA and SEC/state regulations for brokers, RIAs, and IARs, the nuances of dual registration, strategic insights into Mergers & Acquisitions, evolving enforcement trends, practical regulatory compliance strategies, and effective succession planning. Stay informed, compliant, and positioned for growth with AdvisorLaw's perspectives.
FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures RIA Compliance
What events will trigger a FINRA inquiry?
The longer your career as a financial advisor, the higher your chances of being hit with the dreaded FINRA inquiry. That’s why it’s important to know exactly what will trigger...
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FINRA’s Rule 4111 & New “Restricted” Label On BrokerCheck
The Financial Industry Regulatory Authority (FINRA) announced that effective June 1st, 2023, firms with a history of misconduct will be labeled with a "restricted" designation on BrokerCheck. This marker will...
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Boca Raton Advisor Expunges Four, 20-Year-Old Disclosures
In the five-year period between 1997 and 2002, this 35-plus-year veteran advisor in Boca Raton, Florida amassed five customer dispute disclosures on his CRD and public BrokerCheck records. After living...
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Massachusetts Advisor Clears Record Of U5 Termination
Just five years into his career as a financial services professional, this advisor was terminated and hit with a disclosure alleging a violation of the firm’s expense policy. Wanting the...
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Newly Registered RIAs Under Increased Scrutiny
Contact Us Today! Over the last five years, the number of registered investment advisors has significantly increased by more than 20%, causing the SEC to take notice. As a result,...
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AdvisorLaw Thwarts U5 Weaponization for Successful Move
Contact Us Today! AdvisorLaw is pleased to announce a time-sensitive transition of a $650K-producing client of ours, to a national firm. After nearly two decades of experience in the industry,...
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Maintaining Compliance: The Ultimate RIA Checklist
As a registered investment advisor (RIA) or RIA firm, it is crucial to prioritize compliance regulations to maintain your license and protect your clients. Staying up to date with the...
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Texas Advisor Removes 2008 Settled Customer Dispute
A 41-year industry veteran had a stellar public record — with the exception of a 2008 customer dispute. The claim had arisen out of auction rate security illiquidity in 2008....
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What Cetera’s Warning Means For Independent Advisors
Contact Us Today! It is common knowledge in the financial industry that brokers who work for independent broker-dealers (IBDs) are independent contractors, meaning that they are not employees of the...
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36-Year Veteran Wins FINRA Dispute Arbitration
This Chicago-based advisor’s career spans more than 35 years, and he had a perfect record, aside from one settled dispute from 2014. He wanted to take his shot at expunging...
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FINRA’s New Expungement Rule: An Authoritarian Overreach
FINRA's new expungement rules are a game-changer for advisors. AdvisorLaw's founder breaks down the devastating impact of these SEC-approved changes, explaining why seeking expungement through FINRA is now a dead...
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Oregon Advisor Wipes Two 2021 Customer Disputes From Records
In 2021, after two decades in the industry, this Oregon advisor was hit with two customer disputes alleging unsuitability. Both had been settled for relatively-nominal amounts, but the advisor wanted...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures
What types of disclosures can be expunged from FINRA’s BrokerCheck site?
https://www.youtube.com/watch?v=LeR_Mxcw44g Contact Us Today! Did you know that there are more than 25 different types of disclosures that FINRA uses to mark up BrokerCheck records? This week, on "Ask An...
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Houston Advisor Removes 2021 Termination Disclosure
As he approached 30 years of experience in the financial services industry, this Houston-based advisor was blindsided by termination and a corresponding disclosure with allegations in 2021. Seeking to restore...
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The Dangers Of Off-Channel Communication For Advisors
The rise of messaging apps has revolutionized the way we communicate, but their use in the financial sector has become a major compliance challenge for brokerage and advisory firms alike.
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AdvisorLaw Helps $1M Advisor Team Move to National Firm
Contact Us Today! AdvisorLaw is pleased to announce the transition of a $1 million-producing, husband-and-wife team, to a national firm. The independent firm veterans, who have over 50 years of...
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Virginia Advisor Once Again Boasts Perfect Public Record
More than 30 years into his career in the financial services industry, this Virginia-based Advisor had a stellar record, aside from two denied customer disputes that had hit his records...
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Simplify RIA Compliance With AdvisorLaw’s Nexus Platform
We are excited to announce the release of our new Nexus Enterprise Platform demonstration! Nexus is specifically designed to help registered investment advisors (RIAs) to navigate the ever-increasing complexity of...
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Michigan Advisor Wins 3 Of 3 Disclosure Expungements Sought
A Michigan-based investment advisor and former broker with nearly 30 years of experience in the industry had three customer disputes on his records. The disputes were lodged between 2008 and...
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E&O Insurance Costs Jump 250% For Advisors With Disclosures
Contact Us Today! Financial advisors and their firms need to understand the significant impact that a history of disclosures can have on their errors and omissions (E&O) insurance premiums. What...
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