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Blogs

Finra to Crack Down on Brokers With High Number of Complaints

The following story appeared in The Wall Street Journal on Jan. 2, 2014: Wall Street's self-regulator, under heightened pressure from Washington, is vowing to crack...

FINRA Releases 2014 Regulatory and Exam Priorities

Yesterday, the Financial Industry Regulatory Authority (FINRA) released its 2014 Regulatory and Examination Priorities letter which highlights significant risks and issues that could adversely affect...

FINRA Fines Oppenheimer $675,000 and Orders Restitution of More Than $246,000 for Charging Unfair Prices in Municipal Securities Transactions and for Supervisory Violations

The Financial Industry Regulatory Authority (FINRA) announced that it has fined Oppenheimer & Co., Inc. $675,000 for charging unfair prices in municipal securities transactions and...

The Securities Arbitration Law Firm of KlaymanToskes Comments on UBS Financial Services’ Plan to Repurchase Some Shares of Its Proprietary Puerto Rico Closed-End Bond Funds

Last month, UBS Financial Services (UBS) offered to buy back some shares of its proprietary Puerto Rico closed-end bond funds after the funds declined substantially...

FINRA Bars Two Brokers for Stealing $300,000 From Elderly Widow With Diminished Mental Capacity

The Financial Industry Regulatory Authority (FINRA) announced on December 3, 2013 that it has barred brokers Fernando L. Arevalo and Jimmy E. Caballero from the...

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