- FINRA Continues to Step Up Focus on Senior Investors
- June 30, 2017 | Authors: Bruce M. Bettigole; Sarah Razaq Sallis
- Law Firm: Eversheds Sutherland (US) LLP - Washington Office
In April 2017, the Financial Industry Regulatory Authority’s (FINRA) National Adjudicatory Council (NAC) introduced new sanction guidelines that allow the NAC and FINRA staff to consider the vulnerability of customers in determining appropriate sanction levels.
In their article for Law360, Eversheds Sutherland (US) attorneys Bruce Bettigole and Sarah Razaq Sallis analyze the new guidelines' “principal consideration”, the new FINRA rule 2165 and “undue influence,” and their potential impacts on firms.