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.
Las Vegas Advisor Granted Expungement Of 2 Settled Disputes
Contact Us Today! *If you're under FINRA or SEC investigation, or if you have a meritless disclosure on your BrokerCheck, CRD, or IAPD record, call us right now at (303)...
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Year-End RIA Compliance Checklist
With the end of 2021 quickly approaching, it’s time for RIAs and Chief Compliance Officers (“CCOs”) to start conducting their annual compliance reviews. These reviews are mandated under Rule 106...
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Advisor Wins Expungement Of Duplicate Termination Disclosures
An advisor based in Arizona sought expungement of a FINRA Form U5 termination disclosure alleging that he had been permitted to resign after an investigation by the firm concluded that...
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Florida Advisor Removes Settled Misrepresentation Dispute
Three months after departing the firm to join a new one, this advisor was hit with a customer dispute alleging misrepresentation of a variable annuity. That's when he came to...
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How to Value a Financial Advisory Practice: A Guide for Buyers and Sellers
Understand the complexities of valuing a financial advisor, investment advisor, or wealth management practice in a fluctuating market. Learn about revenue, profits, transition factors, and common valuation methods like multiples...
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Dual-Registrants FINRA | Brokers FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
FINRA Outside Business Activities: The Ultimate Guide to Avoiding Sanctions
All too often, advisors who hire AdvisorLaw to help them seek expungement of termination disclosures have Form U5 allegations relating to outside business activities (OBAs) and their disclosure, or alleged...
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Reaching $250 Million In AUM Unlocks More Options For Advisors
When an advisor’s assets under management hit $250 million, their options expand from those that were available to them when their AUM fell below that threshold. Along with more options,...
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Advisor Granted Expungement Of Disclosures Over Ten Years Old
For the past 11 years, an advisor in Ohio had two publicly-disclosed customer disputes — one which had been tainting his records for all but 2 of his 17 years...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Form U5 Termination Events
Any time a rep leaves a firm, regardless of the reason, the firm is required to file a Form U5 describing the circumstances under which the rep departed, within 30...
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A 1991 Form U5 Termination Disclosure Removed From Record
A 1991 Form U5 termination disclosure had been plaguing the records of an advisor with over 30 years of dedication to the financial services industry. He sought the help of...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures
What is FINRA Rule 1017(a)(7)?
The effects and consequences of disclosures on advisors’ records have been growing larger and more severe over the past several years. With the implementation of the requirement to provide a...
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Advisor Achieves Expungement Of Settled Customer Dispute
A Boston-based, veteran advisor who has been in the industry for more than 45 years had had one customer dispute on his record since the early 1990s. Ready to clear...
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P.R. Bond Disputes Cleared From BrokerCheck
Even when advisors are genuinely invested in their customers’ interests and attentive to their customer’s needs, events that are fully outside of advisors’ control can leave them with complaints, disclosures,...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Restricted Expungement Processes Are On The Horizon
There are thousands of financial advisors across the US who have had their public image tarnished by a meritless or completely false disclosure that was published on their CRD, BrokerCheck,...
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Form U5 Termination Expunged From Veteran Advisor’s Records
A New Jersey-based advisor with nearly 30 years of experience in the financial services industry sought expungement of a 7-year-old Form U5 termination disclosure from his records. He hired AdvisorLaw...
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Form CRS: It’s Mandatory!
The SEC has been cracking down on broker-dealers and RIA firms that fail to file and deliver their Regulation Best Interest disclosure forms, including Client Relationship Summaries, or Forms CRS,...
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Is there a way to remove IRS tax lien disclosures from BrokerCheck?
Is there a way to remove IRS tax lien disclosures from BrokerCheck? Tax debt disclosures subject advisors to higher scrutiny and threaten job security. That’s why this week’s Ask An...
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Advisor Expunges Two, Nearly $1 Million-Settled Disputes
For nearly a decade, an advisor had two customer disputes tainting his otherwise-pristine BrokerCheck profile and CRD report. Lodged two months apart, both disputes pertained to customers who owned the...
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Puerto Rico Advisor Clears 14 P.R. Bond-Related Claims
Each year since 2015, a San Juan-based advisor’s BrokerCheck profile had shown more and more customer disputes — all having arisen from investors who had purchased Puerto Rico bonds. Of...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Rule 4111: FINRA Punishes Advisors with Checkered Past
On September 28, FINRA adopted its previously proposed Rule 4111 — Restricted Firm Obligations. The Rule applies to broker-dealers with a history of misconduct or those with a concentration of...
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