Investing in the stock market can be a rewarding venture. However, it’s crucial to ensure that your investments are in safe hands. This is where the importance of a stockbroker background check comes in. It’s a vital part of due diligence before entrusting your hard-earned money to a broker. One of the most reliable tools […]
Navigating the financial industry’s regulatory landscape can be complex. Understanding FINRA AWC regulations is crucial for broker-dealers. FINRA, or the Financial Industry Regulatory Authority, uses AWCs, or Acceptance, Waiver, and Consent, as a key enforcement tool. This tool helps maintain the integrity of the financial markets. In this article, we’ll delve into the intricacies of […]
At Bakhtiari & Harrison, we believe that the cornerstone of any successful investment strategy is rooted in robust due diligence. Investors trust that broker-dealers will thoroughly vet the products they recommend, ensuring their clients’ financial security. Unfortunately, as recent findings have shown, not all firms meet these critical responsibilities. The Financial Industry Regulatory Authority (FINRA) […]
On December 7, 2018, the Financial Industry Regulatory Authority (“FINRA”) issued a comprehensive report (“Report on FINRA Examination Findings”) which “focuses on selected observations from recent examinations that FINRA considers worth highlighting because of their potential significance, frequency, and impact on investors and the markets.” Among the issues discussed in this report were significant concerns […]
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) today issued a Risk Alert on the due diligence processes that investment advisers use when they recommend or place clients’ assets in alternative investments such as hedge funds, private equity funds, or funds of private funds. The alert describes current industry trends and […]