Current News Releases

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The Death of a Brokerage

Who Is Supervising the Supervisors?

Overtime Claims Make Their Way To Schwab

SEC Principal Trade Proposal: A Stalling Tactic?

RIAs Face Increased SEC Scrutiny: Are You Ready?

In First Case of Its Kind, NASD Charges Former Securities America Broker with Misleading Union Retirement Plans About Receipt of More Than $280,000 in Improper Directed Brokerage Commissions, Other Payments

FINRA Fines Morgan Stanley $1.5 Million, Orders $4.6 million In Restitution To Customers Overcharged in Corporate Bond Sales

NASD and NYSE Member Regulation Combine to Form the Financial Industry Regulatory Authoty - FINRA

NASD Fines Banc of America Investment Services, Inc. $3 Million for Failing to Comply With Anti-Money Laundering Rules in Connection With High Risk Accounts

NASD Fines Wachovia Securities $2 Million for Fee-Based Account Violations

NASD Hearing Panel Sanctions Former Knight Securities Executives for Supervisory Failures in Connection with Fraudulent Sales

NASD Warns Investors of the Risks Associated with Using Margin to Purchase Securities

OATS Reporting

Requirements to OTC Equity Securities

Amendments to Rule 2340 Requiring Customer Account Statements to Include a Statement Reminding Customers to Report Inaccuracies in Their Accounts in Writing; Revised Effective Date: May 31, 2007

Dow Industrials Hit New Record

Goldman Pays CEO a Record $54 Million in 2006

NASD Fines EKN Financial Services, Suspends Principals for Securities Registration Violations in PIPE Deals

NASD Whacks Two Firms with Fines Over Ill-Advised 529 Sales

SEC May Deregister Advisors Under $50M

Citigroup Wins Long, Strange CAP Battle

NASD Hearing Panel Fines American Funds Distributors $5 Million for Directed Brokerage Violations

NASD Fines Citigroup, Credit Suisse and Morgan Stanley $775,000 For Deficient Price Target, Ratings, Other Disclosures in Research Reports

Court Says S.E.C. Lacks Authority on Hedge Funds

UBS Snaps Up Piper Jaffray’s Brokerage Unit

NASD's TRACE Completes Real-Time Public Dissemination of Public Corporate Bond Transactions, Beginning Today

Dow Closes Above 11,000

NASD Rule 3011 Anti Money Laundering Amendment

NASD:  2005 in Review

Hedge Fund Manager, Former Broker John F. Mangan, Jr. Barred, Fined $125,000 to Resolve Charges in PIPE Shares Deal

Schwab Fined $1 Million for Lax Oversight of Non-Employee RIAs

NYSE Regulators to Member Firms and Reps: We Are Watching You

NASD Fines Three Firms $6.75 Million, Expels a Fourth Firm

NASD Fines Ameriprise Financial Services $12.3 Million for Directed Brokerage Violations

NASD Fines State Street Global Markets Record $1.4 Million For Corporate and Municipal Bond Trade Reporting Violations

NASD Reminds Members of Their Responsibilities Regarding Sales of Mutual Fund Shares and Dealer Agreements

Refco's Ousted CEO Bennett Faces Securities-Fraud Charges

SEC Approves New Rule 2111 Prohibiting Members from Trading Ahead of Customer Market Orders Under Certain Circumstances; Effective Date: January 9, 2006

NASD Charges Eight Firms with Directed Brokerage Violations, Imposes Fines Totaling More Than $7.75 Million

Failures Involved More than 86,000 Transactions Totaling More than $1.6 Billion

Self-Regulatory Organizations; New York Stock Exchange, Inc.; Notice of Filing of Proposed Rule Change to Provide for a 10-Day Notice Requirement Before a Party Issues a Subpoena to a Non-Party for Pre-Hearing Discovery

Rogue Broker's Management Culpable

SECURITIES AND EXCHANGE COMMISSION

Notice of Filing of Proposed Rule Change and Amendments No. 1 and 2 Thereto Relating to Proposed Changes to Exchange Rule 342 (``Offices-- Approval, Supervision and Control'')

Hedge-Fund Havoc: Missing Cash And a Principal's Suicide Note

Member Obligations with Respect to Volume-Weighted Average Price Transactions

The Newest Headache: Annuities

Citigroup settles Enron Suit for $2B

2004 NASD Year in Review

Annuities: Who are they right for?

NASD News: Bond Investing

Former CSFB Broker Sanctioned for Host of Violations

NASD Penalizes Ladenburg Thalman for Customer Overcharges

UBS To Pay Broker $2 Million for Firing, Bonus and Deferred Compensation

A Jury Assesses Morgan Stanley $604 Million

Suntrust Capital Markets Fined $100,000

NtM 05-34: SEC Approves Amendments to Rule 2711

New Webcast for Brokers: Variable Annuity Suitability

SEC - SRO'S, NASD : Approval of Proposed Rule Change Relating to Taping Rule

NASDAQ Hits new 2005 Low

SEC Release Self Regulatory Associations

NASD News Release Ladenburg Thalmann Agrees to Repay $1.2 Million

Morgan Stanley Faces NASD Action on Fixed-Fee Accounts  -- 

SEC's Bear Stearns Probe Deepens  -- 

SEC Approves New Rules and Rule Amendments Concerning Supervision and Supervisory Controls; Effective Date: January 31, 2005

NASD Fines Scottrade, Inc. $250,000 for Improperly Extending Credit to Cash Account Customers

New Arbitration Rule Requires Award Explanations Upon Investor Request

NASD Amends Rule Governing Time Limits for Submission of Arbitration Claims; Effective Date: May 1, 2005

NASD: 2004 in Review

The NASD Has Clients' Number

NASD Implements Expedited Dispute Resolution Proceedings for Elderly or Seriously Ill Parties

NASD News Release - 07/29/04 Morgan Stanley

NASD Fines Citigroup, Merrill Lynch and Morgan Stanley

NASD Remarks by Mary L. Schapiro, SIA Compliance & Legal Conference

NASD: 2003 in Review

Federal Reserve Actions Against Credit Lyonnais

The Good, Bad and Criminal Among Mutual Funds

NASD Sanctions Metropolitan Investment Securities for Abusive Sales Practices and Supervisory Violations

NASD Fines Banc of America Securities Analyst for Overstated Research Reports and Providing Advance Notice of Price Targets and Ratings

Last updated 09/06/07