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Blog Posts in December, 2011

FINRA Board of Governors Discuss Upcoming Rule Proposals

The FINRA Board of Governors has asked for industry comment on proposed rule amendments it intends to submit to the SEC. Some of the topics include: Debt Research Conflicts of Interest: Modified ...
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YieldPlus Fund Fallout Continues

Another settlement has come out of the fracas surrounding the 2007-2008 collapse of the Charles Schwab YieldPlus Fund. Under the terms of the most recent settlement, Randall Merc, a former president ...
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FINRA Sanctions Eight Member Firms and 10 Individuals for Selling Troubled Private Placements

On November 29, 2011, FINRA announced that it had fined eight of its member firms and ten individuals for selling inappropriate private placement securities. According to the Notice , the firms and ...
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