Alan J. Foxman

The SEC found that auditing or testing would likely have revealed deficiencies in controls that allowed an employee access to client information at the wirehouse, says leading compliance expert Alan Foxman.

Careful steps need to be taken so FINRA won't consider it an outside business activity, says compliance expert Alan Foxman.

A broker discovers that FINRA has changed the comment period from 15 days to three, a leading compliance expert says.

An advisor involved in firm's arbitration hopes a customer will agree to a deletion of the record of complaint from their CRD report. But that may violate FINRA rules. Here's how.

A manager of an errant broker finds himself the target of regulators and asks our compliance columnist: What could I have done differently?

FINRA won’t release details of an interview with a client who filed a complaint against an advisor who claimed the concerns were vague, according to attorney Alan Foxman.

It may seem harmless, a client suggests about a plan to sell back an advisor's foreclosed property. Bad idea, says attorney Alan Foxman.

Attorney Alan Foxman answers readers most pressing regulatory and compliance questions, including from one advisor who ran into troubles after being given authorization by a client to make trades on their behalf.

Attorney Alan J. Foxman answers readers most pressing regulatory and compliance questions, including one advisor who's making a move and wondering what data can information can go with him.

Attorney Alan J. Foxman answers readers most pressing regulatory and compliance questions, including where the buck stops when a sales assistant makes a cybersecurity mistake.

Getting kicked out of the industry doesn't mean an end to payments from the sale of a book of clients. Plus, knowing whether FINRA's suitability rule applies to foreign clients.

FINRA's latest cybersecurity guidelines offer a good starting point for protecting your business. Plus, the compliance don'ts of advertising IRA rollovers.

Troubles never go away when it comes to disclosures made to FINRA. Plus, an advisor did his securities research for a client event, and still got flagged by compliance.

Failing to arbitrate disputes that arise out of an advisor’s employment activities can result in costly penalties.

Every day you delay is a day you are intentionally failing to comply with the rules.

The liabilities your broker-dealer faces when supervisors oversee wealth managers both inside and outside your practice.

When does it make sense to buy your list of clients? Attorney Alan Foxman explains.

The “reverse churning” comes in when the client is in a wrap program, despite being a low-volume trader.

Mention bankruptcy on a Form U4 and there's no erasing it, even if you settle your debts.

After an advisor was terminated by his firm, the tussle over the departure contract had just begun.