Recent Developments in FINRA’s Award of Credit for Extraordinary Cooperation Offers Guidance to Member Firms
By EsqSocial Corporation 30/12/20
In 2020, the Financial Industry Regulatory Authority Inc. (FINRA) settled alleged rule violations with various large investment firms, including Merrill Lynch, Citigroup Global Markets Inc. (CGMI), Transamerica Financial Advisors, Inc. (TFA), and RBC Capital Markets, LLC (RBC), with the majority of the Letters of Acceptance, Waiver, and Consent in those matters being signed in just the past two months. What is notable is not that these firms were found to have violated FINRA’s rules but rather...
By: Lowenstein Sandler LLP