Regulatory

UBS broker fights to clear record

Back in 2009, Robert Bickham, a broker for UBS, found himself in a bit of a pickle: he was identified in a client complaint against UBS, but had never uttered a word of investment or other financial advice to the client who made the complaint. Despite this, Bickham wound up with a blot on his record—the customer arbitration against UBS found its way onto his previously squeaky clean Central Registration Depository record (CRD).

By Staff |October 17, 2011

1 min read

Broker wins defamation suit against employer

Last September former Moody Securities LLC employee Judy Christina Phinizy filed a defamation claim with FINRA against her employer.

By Staff |October 12, 2011

1 min read

SEC report called “a sham”

Despite the laundry list of sometimes eyebrow-raising infractions, the SEC report suggests none of the findings constitute a “material regulatory deficiency.”

By Dean DiSpalatro |October 12, 2011

4 min read

FINRA loses fight over fines

American advisors may have just been handed an excuse not to pay disciplinary fines to the Financial Industry Regulatory Authority (FINRA).

By Staff |October 5, 2011

1 min read