The New York Times (April 24, 2014 5:11 pm) - Updated, 8:55 p.m. | A Long Island couple who lost $5 million at the hands of Mark C. Hotton, the former stockbroker notorious for defrauding Broadway…
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Reuters (April 24, 2014 4:46 pm) - Wall Street's self-funded regulator said brokerage firms would have to conduct their own background checks on new recruits after critics pointed to gaps in…
InvestmentNews (April 24, 2014 4:15 pm) -- In a victory for opponents of mandatory arbitration, Charles Schwab & Co. has agreed to pay $500,000 and remove a controversial provision from customer…
InvestmentNews.com (April 24, 2014 11:59 am) -- Brokerage firms would have to perform background checks on new employees under regulatory changes Finra set last Thursday, but some industry groups are…
Both SIFMA and FSI cautious about Finra proposal to strengthen its databaseInvestmentNews (April 23, 2014 12:05 pm) -- As Finra considers ways to improve BrokerCheck, two industry groups said they…
lifehealthpro.com (April 17, 2014) -- After recent reports claimed that the Financial Industry Regulatory Authority’s BrokerCheck is full of holes and deletes crucial information about brokers’…
Regulator would also cross-check broker disclosures against public court documentsInvestmentNews (April 16, 2014 @ 11:10 am) -- Finra is set to propose a rule that would require brokerages to conduct…
FINRA Board to consider on April 24 an amendment to its supervision rule ThinkAdvisor (April 16, 2014) -- After recent reports claimed that the Financial Industry Regulatory Authority’s BrokerCheck…
ChicagoTribute (Reuters April 16, 2014) -- Wall Street's self-funded regulator said on Wednesday it will consider proposing mandatory background checks for brokers after critics pointed to gaps in…
Analysis finds brokers who fail basic securities exams have more dings on BrokerCheckInvestmentNews (April 15, 2014 8:57 am) -- The more than 51,500 brokers who have failed the Series 63 exam are…