Law and legal issues

A lawyer says the industry has been on notice at least since the "Boom Boom Room" scandal of the 1980s that hostile workplaces won't be tolerated.

Industry lawyers say the case shows that "half disclosures" of brokers' conflicts of interest won't be enough for regulators.

Christopher Armstrong and Randall Kiefner question an arbitration ruling finding they owe Charles Schwab nearly $3 million.

With so many compliance systems on the market, regulators are likely to look askance at firms that don't embrace them.

The Washington National Tax Office of Grant Thornton points out the most important state and local tax developments to keep an eye out for.

The latest group of firms to be dinged for "off-channel" communications shows encrypted messages remain a source of concern for regulators.

A Republican running for the U.S. House accused the Wall Street powerhouse of violating its own rules by not letting her step aside to conduct a campaign. A FINRA panel agreed.

The charges likely lead to a "layup" situation for FINRA should it seek to oust the broker.

Helen Grace Caldwell told her employees about her side film hustle but neglected to add that her clients were helping her fund it.

The broker-dealer group is questioning the Department of Labor's plans to replace a simpler rule adopted by the Trump Administration to determine when workers qualify as direct employees.

Millions of dollars are at stake for dozens of former employees — but the case also raises questions about the federal law governing retirement plans.

In a case with industry-wide implications, PKS Investments argues that a Utah couple cannot pursue damages against the brokerage through FINRA arbitration.

The broker-dealer self-regulator accused the firm of failing to properly record more than 830,000 transactions, among other violations.

The arguments in Moore v. U.S. carry major potential implications, but these 14 excerpts suggest SCOTUS will deliver a less sweeping decision next year.

Only 68 tipsters received money in 2023, down from 100 in the previous year.

Industry watchdogs weren't concerned only about hot topics like artificial intelligence and cybersecurity but also remote work policies and the ability of brokers to clear their names.

Electronic messaging, Reg BI, crypto and fraud all appeared at the top of regulators' agenda this past year.

The plaintiff in the class-action suit notes that returns at rival institutions rose when inflation started driving prices up last year. Her rates did not.

Bans on working at brokerage firms don't lead to prohibitions on acting as an RIA as often as one might think.

The doubts raised over the broker-dealer self-regulator's authority come amid a general questioning of the federal government's oversight powers.