FINRA’s 2015 Priorities Letter – highly sensitive products

According to FINRA’s 2015 Regulatory and Examination Priorities Letter “FINRA examiners will look for concentrated positions in products that are highly sensitive to interest rates—such as long duration fixed income securities, high yield bonds, mortgage-backed securities, or bond funds composed of interest rate-sensitive securities—and test for suitability and adequate disclosures. Examiners may also review firms’ efforts to educate registered representatives and customers about such products”

If this is an area of concern for your firm, please feel free to give us a call at (818) 657-0288 for a consultation.



Webinar Rescheduled

Webinar Rescheduled: “Regulatory Examinations Gone Bad.”  Thank you for your patience during our August 28th free webinar. Due to technical difficulties, the webinar, “Regulatory Examinations Gone Bad”  has been rescheduled to Thursday, September 4th at 12:45PM PST. We hope to see you there! Dave Banerjee, CEO of RND Resources will be presenting, “Regulatory Examinations Gone Bad.” You can expect detailed advice regarding: 1. Current Trends 2. The Disciplinary Process 3. Exam Issues 4. Pre and Post Exam Notice 5. How to Handle a Negative Result Reserve your Webinar seat now at: less

FINRA Considers Stricter Reforms for Arbitration

The FINRA arbitration system is a valuable part of the regulatory process, giving clients and brokers a way to settle disputes without the hassle of going to court. However, the current rules for the process have been criticized for being a bit misleading to investors. Consequently, FINRA is now considering stricter rules for choosing who can serve as an arbitrator.    Read more