Each month, FINRA releases a Disciplinary Action report documenting any enforcement actions brought against its roughly 612,000 registered representatives throughout the year. Compared to FY 2021: Enforcement cases decreased by 15%
Finding a Custodian That’s Right For Your RIA
There are many important considerations when it comes to choosing a custodian for your RIA. An RIA custodian is an independent, third-party broker-dealer that provides services, such as executing transactions, holding and clearing client assets, managing customers, providing technology and service support, and more.
D.C. Financial Advisor Removes Sole Termination Disclosure
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 to move forward with a perfect public record, the advisor sought the help of AdvisorLaw to try for expungement through FINRA Dispute Resolution.
Florida Advisor Removes Termination Disclosures From Records
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. He had been living with the marks since early 2016 and decided it was time to take action — so he hired HLBS Law to bring him through FINRA Arbitration.
Do BrokerCheck disclosures ever fall off automatically?
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 off of an advisor’s record, versus those that require the advisor to seek FINRA expungement through an official forum, like FINRA arbitration. Because of the immediacy and ease of locating …
Terminated by Edward Jones?
Terminated from Edward Jones? Complimentary Consultation Terminated from Edward Jones? Complimentary Consultation One of the top reasons that prompts FINRA to investigate financial advisors is the publishing of regulatory or policy-violation allegations following a separation. Whatever the reason behind your departure, the language that Edward Jones chooses to use, or has used, on your Form U5 strongly impacts your …