In the world of finance, stockbroker supervision is a critical aspect. It ensures the protection of investors and the integrity of the market. However, failures in this area can lead to significant consequences. One such case is the failure to supervise stockbrokers at Wedbush Securities Inc. This article delves into the specifics of this case. […]
On May 31, 2024, an Acceptance, Waiver, and Consent (AWC) was issued, barring Ronald Harland Berg from association with any FINRA member in all capacities. The action was taken due to Berg’s refusal to provide information and documents requested by FINRA during its examination of his recommendations to senior customers regarding private offerings and his […]
Navigating a FINRA regulatory case can be a daunting task. The complexities of the financial industry and the regulatory framework can often seem overwhelming. This article aims to guide you through the process. It provides actionable insights and strategies to help you win your FINRA regulatory case. Whether you’re a financial professional, broker-dealer, or legal […]
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) […]
Investing in the stock market can be a lucrative venture. However, it’s not without its risks. One of the most significant risks is falling victim to fraudulent securities practices. This is particularly true in the realm of microcap and penny stocks. Microcap stocks, also known as penny stocks, are low-priced shares of smaller companies. They […]