The Financial Industry Regulatory Authority (FINRA), like every other industry in the country, was forced to make some changes as a result of the COVID-19 pandemic. According to the regulator, although it remains fully operational it is using remote work capabilities...
The Financial Industry Regulatory Authority (FINRA) is a group focused on safeguarding the public from fraud and bad actors within the broker industry. They are not affiliated with the government, but instead operate as an independent organization. FINRA both writes...
The financial industry is always evolving, and the rules that govern brokerage firms and investment strategies often change in an attempt to keep up. These rules can help to better ensure everyone works in a way that benefits investors while staying within the...
The United States Securities and Exchange Commission (SEC) recently welcomed a new leader. The agency’s new enforcement director, former New Jersey Attorney General Gurbir Grewal, has taken on this role shortly after his predecessor, Alex Oh, resigned. Ms. Oh left the...
Facing an allegation of misconduct from the Financial Industry Regulatory Authority (FINRA) is a serious matter. The allegation may trigger an investigation, which could lead to formal disciplinary action. This could ultimately result in a settlement or litigation....
Founded in 2013, Robinhood, a California-based financial services company, touts commission-free investing via a mobile app introduced two years after its inception. Many in the industry consider the company’s inception a turning point in popularizing retail trading...
For more than a year, face-to-face meetings were either not recommended or outright prohibited. As a result, private industry and government entities, in particular, found themselves forced to immediately adapt to an online world to provide alternatives to in-person...
Governor DeSantis signed Senate Bill 76 on June 11 and Florida’s new property insurance reform law takes effect on July 1. ZDM attorneys Thomas Diana and Michael Monteverde recently participated in a webinar attended by members of Florida’s property insurance industry...
Of all the demographics most victimized by financial abuse, the senior population seems to be the easiest of targets for scammers. These “predators” know their “prey” quite well, using that insight to effectively steal significant amounts of money. In response to this...
After a challenging year for new and longtime business owners, many are hoping that their luck will change in the coming months as people start returning to a semblance of normalcy. And some investors are making predictions that this will very much be the case. In...
