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.
Two Advisors Seek Combined Expungement of Customer Complaint
Two financial advisors who were hit with the same customer complaint sought expungement of their shared settlement disclosure from their Central Registration Depository (CRD) and BrokerCheck records.
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Advisor Successfully Expunges 8 Customer Dispute Disclosures
A registered CEO and CCO (Chief Compliance Officer) in the New York area sought the expungement of eight separate customer dispute disclosures from his BrokerCheck profile and the CRD.
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FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement RIA Compliance Starting your own RIA
Financial Advisors 2021 Marketing Landscape
Change is inevitable, especially in the world of marketing. Time-tested marketing approaches like networking, cold calling, seminars, and door knocking seem to still be working, but only to a certain...
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30-Year Veteran Wins Expungement Of 5 Customer Complaints
A financial advisor from Minneapolis had five customer complaints that had arisen over his 30-year career. He sought FINRA expungement of the complaints from his Central Registration Depository (CRD) record...
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RIAs Need More Than a Compliance Specialist
Now is the time to rethink your RIA firm’s compliance and regulatory support. As we regain our footing in 2021, are you confident that your firm’s filings are in order? In...
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FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures
Did you know that IRS liens don’t have to be paid off to qualify for removal from your BrokerCheck and CRD record?
As we begin the new year and officially close the book in 2020, it’s more important than ever to take control of your online presence and protect your good name....
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When setting up a new RIA firm, should advisors use template services or professional compliance teams?
Launching your own registered investment adviser (RIA) firm is an exciting, but complicated, new chapter in your career as a financial professional. From drafting the ADV to communicating with regulators,...
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AdvisorLaw’s new “Rideshare Program” helps financial advisors expunge customer disputes and U5 termination disclosures
AdvisorLaw is now offering a "Rideshare Program'' for financial advisors seeking to expunge customer dispute or U5 termination disclosures for the entire month of December. With over 40 million visitors to BrokerCheck® every...
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Financial Advisor Succession Planning: A “Golden Parachute” for Your Career
Advisory practices around the U.S. have been faced with a new priority focus: succession planning. With many of the youngest baby boomers approaching their 60s, it’s alarming to learn that...
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Expungement Week 2020
Over the last five years, Doc Kennedy and AdvisorLaw have been dubbed the "800-pound gorilla" when it comes to FINRA arbitration cases. That reputation has been earned by absolutely dominating the FINRA...
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Advisors Pursuing Customer Dispute Expungements Before September Will Pay a Fraction of the New Cost
As published in the Federal Register, on June 1, 2020, the SEC approved FINRA’s proposed Rule changes to the customer dispute expungement process. Release No. 34—88945; File No. SR—FINRA—2020—005.
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement RIA Compliance
Is A Social Media Post Worth Your Job?
Lately, AdvisorLaw has been hearing from more and more financial advisors who have imperiled their careers with social media posts and comments. We like to say that “it’s a free...
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Will old investor complaints have to be disclosed after the SEC’s Reg BI takes effect?
Will investment advisors with customer disputes over ten years old have to disclose them on their Form ADV under the new SEC Regulation Best Interest Rule that’s taking effect after...
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Working from home? Stay socially distant, virtually connected.
When working remotely, there are some things to keep in mind to remain compliant and productive. Be sure you’re following the written policy and any written guidance provided by your...
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FINRA Is Jacking Up The Cost Of Expungement For Brokers
Proposed rule changes in front of the SEC exponentially increase the minimum fees for FINRA disclosure expungement from $50 to $1,575. So, a typical expungement case would ultimately jump from...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement RIA Compliance
The Stakes for a Clean Record are Now Even Higher
Effective June 30, 2020, the SEC is enforcing sweeping reform, entitled “Regulation Best Interest: The Broker-Dealer Standard of Conduct,” commonly referred to as “Reg BI.” At the same time, the SEC...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
A Stacked Deck: Inside the 2019 FINRA New Customer Dispute Expungement Process
News that the expungement of qualified customer disputes was under fire from the regulators first became known on December 6, 2017; when FINRA published Regulatory Notice 17-42. Since then, the industry...
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Which Firm Handles the Most FINRA Expungement Cases Filed by Financial Advisors?
We don't expect you to keep your finger on the pulse of the advisor-defense industry. So let us quickly bring you up to speed on the most crucial element that...
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PIABA Foundation “Study” of Problems with FINRA Expungement Process Devolves Into Unhinged Manifesto
PIABA, the group of investor attorneys that are beloved by all financial advisors, have had their Foundation release a "study" ripping the current expungement process to shreds. Yes, the same niche...
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Putting a Succession Plan in Place
When a retiring advisor’s clients know their advisor's plan for retirement and have started to build a relationship with the successor, success that the book will transition and stay with...
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