Brokers

 Commentary, news and links of interest to financial advisers.

Brokers

Safety In Numbers

A New Organization Hopes to Provide Broker Advocacy By Mark J. Astarita, Esq. Being a stockbroker is not what it used to be. Although stories of the “early days” of being a “customer’s man” are often repeated, younger brokers can only imagine times in which their hard work and concern […]

Brokers Compliance

FINRA Enforcement

According to FINRA’s public statements, one of its top priorities is enforcement of its rules, as well as the federal securities laws. FINRA investigates activity which is believes may indicate a securities law violation, and files disciplinary proceedings against firms and their associated persons to address such violations. A FINRA […]

Brokers

Broker-Dealers In the News

1st Bridgehouse Securities 1st Discount Brokerage 1st Discount Brokerage is a firm unflinchingly devoted to financial fitness for our clients. We have built our company around wanting to create value for both investors and savers by helping individuals meet their economic needs. Whether they have a hundred or a million […]

Brokers Compliance

Exemptions from Broker-Dealer Registration

We deal with the requirements and procedures to register as a broker-dealer in Guide to Broker-Dealer Registration there are a number of specific exemptions where such registration is not required. Issuer’s Exemption (Rule 3a4-1) Issuers generally are not “brokers” because they sell securities for their own accounts and not for […]

Brokers

LAW REVIEW: FOR THE RECORD

YOU CAN’T STOP CLIENTS’ UNFOUNDED ARBITRATION CLAIMS, BUT YOU CAN BE PREPARED: KEEP GOOD RECORDS. BY MARK J. ASTARITA, ESQ. More than 6,000 arbitration claims are being filed each year with the various self-regulatory agencies. It follows that more and more brokers are finding themselves involved in these claims with […]