by Ashley Spencer | Nov 25, 2019 | Uncategorized
A former top Merrill Lynch adviser is suspended from the securities industry for 18 months by the Financial Industry Regulatory Authority. Bruce K. Lee agreed to the suspension and the $15,000 fine issued on October 23, 2019, according to FINRA’s Broker Check....
by Ashley Spencer | Nov 4, 2019 | FINRA
Brokers-to-be who are looking to break into day trading may want to be a little more inconspicuous if they cheat on tests, or not cheat at all. The Financial Industry Regulatory Authority claims Andrew Yoro cheated on the Series 7 examination by “consulting study...
by Ashley Spencer | Nov 1, 2019 | Investors
Click here to read our post about the history and mission of the SEC. The SEC breaks down its responsibilities into five major categories on its website: “Interpret and enforce federal securities laws;” “Issue new rules and amend existing rules;” “Oversee the...
by Ashley Spencer | Nov 1, 2019 | General Legal Information
Say “Wall Street” to anyone and you’ll probably hear the words “money,” “stocks,” “brokers,” and even “greed” as a response. To those who don’t interact with the stock market, investing and purchasing stock can seem like a lawless wild west. Thankfully, the U.S....
by Ashley Spencer | Oct 28, 2019 | FINRA
Two brokers accused of taking advantage of a 79-year-old client who doctors believe was suffering from Alzheimer’s disease are to be barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). FINRA says Ami Forte and Charles Lawrence...
by Ashley Spencer | Oct 14, 2019 | Arbitration, FINRA, Mediation
If you invest money in America and work with a broker or a firm, there’s a good chance you may have heard of FINRA. The Financial Industry Regulatory Authority defines itself as a “not-for-profit organization that – working under the supervision of the SEC –...
