By Mark J. Astarita, Esq. The following article has been adopted from an article distributed by the SEC’s Division of Market Regulation. The article was originally posted in December 2005. […]
Brokers
Merill, Brokers and Retention Bonuses
Bank of America’s Lousy Retention Bonus Gets Worse By Mark J. Astarita, Esq. In a blog post I commented on the odd retention bonus program being offered by Bank of […]
Who Needs to Register
By Mark J. Astarita, Esq. I am often asked by readers and visitors to my web site whether particular people have to register with the NASD. The question is not […]
Securities Law – Punitive Damages in Arbitration
Punitive Damage Awards May Increase in Securities Arbitration By Mark J. Astarita, Esq. Today, arbitration is virtually a mandatory process for every broker, firm and customer: Brokers and firms are […]
SEC Inspection Report on the Soft Dollar Practices
Soft Dollar Arrangements are agreements between broker-dealers and their clients where the broker-dealer provides, in addition to other services, research to the client, in addition to execution services. The research, […]
This is Your Life – Your CRD Record
CRD, Your Permanent Record, and Your Future By Mark J. Astarita, Esq. When you were young and in high school, a big threat from administrators and teachers was that your […]
Too Much Information
The NASD May Soon Protect Investors at Broker’s Expense By Mark J. Astarita, Esq. This time the National Association of Securities Dealers (NASD) has gone too far. On November 27, […]
Appellate Court Strikes Hedge Fund Registration Rule
Rule Determined to be Arbitrary, Sent Back to SEC By Mark J. Astarita, Esq. In a decision issued on June 23, 2006, the United States Court of Appeals for […]
NASD Expungement Rule Effective April 12, 2004
New Rules Effective April 12, 2004 NASD RELEASE ON EXPUNGEMENT RULES A March 4, 2004 News Release from NASD announced approval of a rule that will limit the expungement of […]
SEC Subpoena, FINRA OTR – What do I do?
The SEC Serves a Subpoena, or FINRA wants an OTR. Now what? By Mark J. Astarita, Esq. WHILE BROKERS OFTEN BECOME upset or even angry when they are named in […]