December 2013 Archives

FINRA proposing new surveillance to curb broker malpractice

It may not be anywhere near as robust as the oversight that the National Security Agency has been using to collect worldwide phone data, but the regulator of the nation's stockbrokers is looking to step up its surveillance efforts of those in its charge.

FINRA seeks to beef up confidence about broker oversight

The Financial Industry Regulatory Authority has come in for a lot of criticism in recent months. We highlighted some of the issues that the industry-funded organization has been struggling to address in our last post. This time we focus on another: the apparent lack of transparency regarding consumer complaints or findings of malpractice against brokers and advisors.