But its threshold for reporting settlements would rise to $15,000Investment News (May 5, 2008 11:01 pm) -- The Financial Industry Regulatory Authority Inc. aims to close a major loophole in its…
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In the Media
telegram.com (March 28, 2008 5 am) -- Have you been messing with your cash? Howls are arising from investors who parked liquid funds, or funds they expected to be liquid, in auction-rate…
Plaintiff's lawyers 'licking chops' over potential paydayInvestmentNews (March 17, 2008 11:01 pm) -- The plaintiff's bar is hot on the trail of disgruntled investors who can't cash out of auction…
Fund industry is concerned about idea of quarterly updatesInvestmentNews (March 10, 2008 11:01 pm) -- While mutual fund companies and brokers are enthusiastic about a proposal to simplify fund…
High-court ruling on 401(k) may open floodgates of litigationLast week's U.S. Supreme Court decision to allow individual participants to sue 401(k) plan administrators will put further pressure on…
Fuss Over Broker Expungement Continues, by Kristen Frenchwealthmangement.com (January 29, 2008) -- Apparently, some people still think it’s far too easy for brokers to wipe their records clean,…
Brokers are unnamed in lawsuits all the time, observers sayInvestment News (January 14, 2008 - 11:01 pm) -- The Financial Industry Regulatory Association encourages investors to check on the…
They're often tougher on bad actors than public panelists are, they sayInvestment News (October 22, 2007 11:01 pm) -- Industry arbitrators say the claims raised by some that they're biased against…
Bloomberg (September 27, 2007 4:52 pm) -- Morgan Stanley, the second-largest securities firm, will pay $12.5 million to settle regulatory claims it wrongly withheld e-mails in arbitration cases by…
Reuters (June 7, 2007 6:42 pm) -- Investors have their ups and downs in the market, but when it comes to resolving disputes with Wall Street brokers, they seldom win, according to a critical study to…