Over a decade into his career, a D.C.-based investment advisor rep had a five-year-old termination disclosure for allegedly failing to comply with firm policies regarding outside business activities (OBAs). Seeking...

In this week’s Ask An AdvisorLaw Expert, we’re asking the OG of FINRA industry disputes, Dochtor Kennedy, MBA, J.D., what happens when investors make formal complaints against advisors and how...

Between 1999 and 2021, this 30-plus-year industry veteran accumulated nine customer disputes on his public records, four of which reflected settlements that ranged from $15,000 to nearly $200,000. With FINRA’s...

Over the last year, the SEC rolled out new rules and regulations regarding Form 13F, Form ADV, private funds, marketing and advertising, and environmental, social, and governance disclosures. Now, regulators...

There are a number of important factors that an advisor needs to consider when deciding to leave a firm to form their own RIA. On this week’s Ask An AdvisorLaw...

Contact Us Today! In a new guidance document, the Financial Industry Regulatory Authority (FINRA) sent a stark warning, urging member firms and representatives to form their succession plans as soon...

More than 30 years into his career in the industry, this Boca Raton-based advisor had two customer disputes that had plagued his records since the 1990s. Seeking to once again...

AdvisorLaw’s RIA services division has compiled a list of the most common SEC exam deficiencies we saw in 2022. The deficiencies below were found amid compliance documentation from RIA firms...

A 20-year industry veteran in Florida had a spotless public BrokerCheck record — until he was slapped with a customer dispute disclosure in 2019. The dispute alleged a breach of...

When you’re looking to sell your advisory firm or RIA, there are many factors at play that could impact how seamless and profitable the transaction will be. This week on “Ask...

Being an investment advisor comes with a lot of responsibility. Not only do you have to keep up with the latest market trends and changes, but you also need to...

An Illinois advisor spent his first 15 years in the industry with a criminal disclosure on his record that had resulted from an incident that occurred while he was in...

More Registered Investment Advisor (RIA) firms are being audited than ever before. Earlier this year, the U.S. Securities and Exchange Commission (SEC) released a report from the Inspector General's Office...

A New Jersey Advisor approaching 35 years in the industry had two customer disputes that had plagued his records for nearly two decades. He decided to take the opportunity to...

An advisor in Florida had a termination disclosure on his CRD, IARD, BrokerCheck, and IAPD profiles, as well as an accompanying internal review disclosure on his CRD and IARD records....

Having a clean public record in the financial services industry is crucial. This week we’re talking with Harris Freedman, J.D. to discuss the types of disclosures that will naturally fall...

Any time a rep exists at a firm, whether the reason involves an involuntary discharge, a voluntary resignation, or a rep being permitted to resign, firms and broker-dealers are required...

At AdvisorLaw, we do our best to keep our clients informed of regulatory changes. Launching our continuing education (CE) offerings is an example of our commitment to helping you stay...

In August, AdvisorLaw made a public comment concerning FINRA's latest effort to undermine the expungement procedure. We found that FINRA’s proposed rule change not only denies fundamental rights to financial...

A Tennessee advisor who began his career in 2000 had acquired three customer disputes between 2005 and 2016. The first was closed with no action, and the second was denied....