WASHINGTON – The Financial Industry Regulatory Authority (FINRA) announced today that it has filed a complaint against broker Hank Mark Werner of Northport, New York, charging him with securities fraud for churning the account of his customer, a 77-year old blind widow, and for excessive and unsuitable trading concerning her account. The complaint alleges that Werner engaged in a deceptive and
FINRA Adopts Amendments Relating to the Regulation NMS Plan to Address Extraordinary Market Volatility
INFORMATIONAL
Sunset Of Large And Complex Cases Rule
Effective Date: December 31, 2000
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Arbitration
Large and Complex Cases
Executive Summary
On November 17, 2000, the Securities and Exchange Commission (SEC) approved amendments to National Association of Securities Dealers, Inc. (NASD®) rules that revise Rule 10334 to accelerate
Proposed Rule Relating to use of the Dispute Resolution Party Portal in Arbitration and Mediation
INFORMATIONAL
Rules For Arbitrator Challenges
Effective Date: February 12, 2001
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Registered Representatives
Arbitration
Arbitrator Challenges
Executive Summary
On December 8, 2000, the
INFORMATIONAL
Decimalization Testing
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Operations
Registered Representatives
Senior Management
Technology
Trading & Market Making
Decimalization
Executive Summary
Recently the National Association of Securities Dealers, Inc. (NASD®) announced that selected NASD member firms must participate in decimalization testing.
ACTION REQUESTED
Member Facilitation Of Lending Between Customers
Comment Period Expires: February 12, 2001
SUGGESTED ROUTING
KEY TOPICS
Individual Investor
Legal & Compliance
Registered Representatives
Senior Management
Lending Arrangements
Margin
Executive Summary
NASD Regulation, Inc. (NASD RegulationSM) requests comment from National Association of Securities Dealers, Inc
What is Mediation
Mediation is a non-binding alternative dispute resolution (ADR) process in which a neutral mediator helps the parties reach an agreed resolution of the disputed issues in the disciplinary proceeding. The mediator assists the parties in reaching their own negotiated settlement by defining the issues, probing and assessing the strengths and weaknesses of each party’s positions,
Proposed Rule Change to Clarify the Operation of the Regulation NMS Plan to Address Extraordinary Market Volatility
Forum Selection Provisions Involving Customers, Associated Persons and Member Firms
