The FINRA BrokerCheck system has been around for years. “In the old days” it was a manual system. A customer called a toll-free number and asked for the broker’s information. The information was mailed to the customer and a copy [...]
Early on in my legal career, I was a collection lawyer. In fact, I did collection work as a legal assistant while I was in law school. When I started doing collections in the securities business, I immediately starting working [...]
To anyone with a pulse and half a brain, this should come as no surprise. Jesup & Lamont Securities Corp., the poorly-run broker-dealer that swallowed up other broker-dealers, has filed for bankruptcy protection under Chapter 11. Using Chapter 11, the [...]
My initial answer is no. Suzanne Barlyn, a reporter with Dow Jones and the Wall Street Journal, reports that FINRA is planning to make its “pilot” program permanent. The pilot program provided the opportunity for public investors to have three [...]
I’m not a big fan of reasoned arbitration awards. I think that they provide fodder for a motion to vacate (what others might call an appeal). What they really do is answer the age-old question “What were the arbitrators thinking?” [...]
FINRA, the securities industry watchdog, has had a public disclosure program for nearly 20 years. It might actually be 20 years, but my memory is starting to get fuzzy. FINRA’s memory, however, is not. FINRA wants to expand the level [...]
500 University Boulevard, Suite 205, Jupiter, Florida 33458
T: 561.575.5880 F: 561.246.3003 E-mail: WebSite@Dobinlaw.com
Copyright © Jupiter, Palm Beach County, Florida Attorneys Dobin Law Group, P.A. Photo Credit - N. Scopelitis