FINRA Reminds Firms of Their Responsibilities Concerning IRA Rollovers
FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
A member firm that provides services to Non-ERISA Plan participants and beneficiaries may rely on the filing exclusions contained in Rule 2210(c)(7)(B) and (C) in preparing and distributing a “Model Disclosure” as described in the letter, subject to the stated conditions and obligations discussed in the letter.
FINRA Provides Guidance on Application of Communications Rules to Disclosures Required by Department of Labor
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today joined the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)'s Division of Swap Dealer and Intermediary Oversight in issuing a staff advisory on business continuity and disaster recovery planning.
Chip Jones, FINRA’s Senior Vice President of Member Relations and Education, talks with Bari Havlik, FINRA’s Executive Vice President of Member Supervision, about the recent decision to consolidate FINRA’s examination and risk monitoring programs. The discussion includes an overview of how FINRA plans to integrate three separate programs into a single, unified program to drive more effective oversight, reduce duplication and create a single point of accountability for the examination of firms. (6 min. 42 sec.)
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt FINRA Rule 6897 (Consolidated Audit Trail Funding Fees) to establish fees for Industry Members related to certain historical costs of the National Market System Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or “
The staff granted an exemption from FINRA Rule 5130 with respect to purchases of "new issues" by the Novartis Pension Funds.
As you consider which types of financial professionals to work with, here’s what you need to know about accountants. Accountants are trained to provide professional assistance to individuals and companies in areas including tax and financial planning, tax reporting, auditing and management consulting.
