The Financial Industry Regulatory Authority (FINRA) recently announced an update to some of its rules regarding registrants who may have stepped away from the industry for a short period of time. The group specifically states that it added a new program, the...
It all started with a customer complaint. In some situations, such a complaint can trigger an investigation by the Financial Industry Regulatory Authority (FINRA), which, in a recent case, was sufficient to warrant such action. FINRA began its investigation against...
The pandemic and resulting stay-at-home orders were crippling for businesses throughout the nation. The federal government provided a number of different financial programs in an effort to help entrepreneurs stay afloat during these difficult times. Each program had...
Misuse of social media is not a new issue. The possibility of social media postings leading to allegations of criminal wrongdoing — also not a new idea. What is relatively new is the idea that the United States Securities and Exchange Commission (SEC) would go after a...
The Financial Industry Regulation Authority (FINRA) requires those who provide a recommendation for a transaction or investment strategy involving a security to a client have reasonable basis for the advice. The organization states this basis should be the result of...
The debate over health care services and surgeries for newborns took turns and twists on Monday, the first of two scheduled days of “negotiated rule-making” at the state Agency for Health Care Administration. Read the article...
Those who operate in the financial planning and wealth management sector need to follow an array of regulations. The standards that guide these professionals can vary depending on their title — making compliance even more complicated. Financial planners, for example,...
FINRA takes enforcement of its regulations seriously, even when an alleged violation is unlikely to cause harm to clients. In two recent examples, the financial regulator fined and suspended brokers for actions related to their own private accounts. Are brokers...
ZDM is proud to announce that four of our attorneys have been recognized by Best Lawyers® for 2022. Co-founders Fred Zinober and Tom Diana were both selected for inclusion in the 28th Edition of The Best Lawyers of America®. Kali Sinclair and April Zinober are listed...
The United States Securities and Exchange Commission (SEC) is still trying to figure out just how to handle cryptocurrency. Is it a security subject to regulation or something else? If it is subject to regulation, what will those regulations look like and how will...
