Statement of Practice Summary:
Administrative Law, Antitrust, Banking, Bankruptcy, Broker Dealer, Commercial Finance, Commercial Litigation, Computer and High Technology, Constitutional Law, Corporate, Corporate Restructuring, General Civil Practice, Employment Law, International Transactions, Mergers and Acquisitions, Real Estate, Securities, Securities Litigation, and Taxation Law.
FINRA Regulatory Notice to Members 14-40 ("NTM 14-40")
Stephen D. Councill,Dan F. Laney,Brett A. "Ben" Rogers,Robert H. "Rob" Snyder,Jeffrey W. Willis, December 16, 2014
Last month the Financial Industry Regulatory Authority (“FINRA”) issued a two-part Regulatory Notice to Members 14-40 (“NTM 14-40”). The notice “reminds” member firms that it is a violation of FINRA Rule 2010 (Standards of Commercial Honor and Principles of...
SEC Approves FINRA Rule to Prohibit Conditioning Settlements on Expungement
Dan F. Laney,Brett A. "Ben" Rogers,Robert H. "Rob" Snyder,Jeffrey W. Willis, August 21, 2014
On July 22, 2014, the Securities and Exchange Commission (“SEC”) approved the adoption of a new FINRA rule dealing with broker expungements. Rule 2081 prohibits the conditioning of settlement of a securities dispute on the customer’s agreement to consent to a request to expunge...