An Advisor Tried To Sue FINRA To Clean His Record. The Court Said No
A federal court dismissed an advisor’s direct lawsuit against FINRA, reinforcing limits on BrokerCheck expungement and advisor reputation control.
Osaic-Owned Firm Must Repay Millions. The Real Story Is Client Cash
FINRA ordered Osaic-owned American Portfolios to repay customers over cash sweep fee and interest disclosures, keeping client cash scrutiny alive.
NASAA Says FINRA’s Outside Activities Rule Could Leave Investors Exposed
NASAA urged the SEC to toughen FINRA’s Rule 3290 proposal, warning that side businesses and private deals could evade broker-dealer oversight.