Other

Compliance Other

Perrino Report

NASD FILES “PERINO REPORT” AMENDMENTS: Responding to the Perino Report, NASD seeks revisions on arbitrator disclosure and removal standards, plus it is narrowing its “public” and “non-public” arbitrator classifications. The amendments NASD proposes to Rules 10308 and 10312 parallel those we described in last week’s report on NYSE’s rule changes […]

Compliance Other

NYSE Awards 10/02

Thirty Awards, Including a 9 Million Dollar Member-Member Award, and a Loss for a Customer in An Employee Stock Option Case Against Goldman NYSE AWARDS, 10/02: Among the 30 Awards released by the New York Stock Exchange’s Arbitration Department for the month of October 2002 were Awards depicting all types […]

Compliance Other

nasdunpaidawardapprove0204.htm

    ]]> Home | Message Board Home Search Arbitration Investors Brokers Finance Law Compliance Archives NASD Unpaid Arbitration Award Rule Approved Membership approval will include review of unpaid awards, and more. A Rule proposal regulating the membership application process will make it more difficult for brokerage firms and associated […]

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NASD Arbitration Award Vacature Statistics

NASD Vacature Statistics Reveal Surprises More attempts to vacate, higher success rate revealed As a consequence of NASD’s efforts to track payment of the arbitration Awards it issues, statistics are now available that indicate the incidence with which Awards favoring customers are challenged and how often those challenges meet with […]

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SEC Rejects Exemptive Order Hearing Request

S&P’s Request regarding Vanguard’s application is denied. By John M. Baker, Esq. When the SEC is ready to grant an exemptive order under the Investment Company Act of 1940, it first issues a notice in which it states that an order granting the application will be issued unless the Commission […]

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SEC Releases Reg FD Impact Report

    ]]> Home | Message Board Home Search Arbitration Investors Brokers Finance Law Compliance Archives SEC Releases Reg FD Impact Report Rule working, modifications suggested By John M. Baker, Esq. SEC Commissioner Laura Unger, in one of her last acts before stepping down as a Commissioner at the end […]