Finra

Unfortunately for the brokerage, regulators like the SEC and FINRA keep dredging up the distant past of two years ago, when the firm was perhaps a little more lax vis-à-vis market access. But that’s ancient history, history which, Wedbush would like to add, does not include any losses to anyone at any time, and for which it should really just get a pass. Read more »

  • 19 Aug 2014 at 4:00 PM

Wedbush Securities Is In Trouble (Again)

Brokers aren’t supposed to be the Wall Street equivalent of a sleazy bouncer, taking a few bucks to grant entrée and then turning a blind eye to all of the drugs, guns and potentially illegal trading and whatnot. At least, FINRA and the SEC don’t think it’s supposed to be that way. Read more »

Think again, at least if it involves some miniscule pharmaceutical company no one’s ever heard of on the brink of a major breakthrough vis-à-vis Ebola. Read more »

Having to disclose a signing bonus—among other delicate compensation details—might just make a broker turn it down and stay put, and we can’t have that, since, as The Wall Street Journal’s analysis of the information FINRA isn’t analyzing shows, jumping from firm to firm every time you get caught doing something wrong is what makes the brokering world go round. Read more »

  • 11 Jul 2014 at 4:45 PM

SEC, FINRA Halt CYNK Freefall At 33%

You can’t trade the revenue-less, asset-less, member-less social network for two weeks, because, well, you know. Read more »

That’ll teach’em. Read more »

  • 23 Jun 2014 at 1:19 PM

Bonus Watch ’14: FINRA Execs

The Wall Street self-regulator has been doing such a bang-up job that it has seen fit to give everyone on the top floor a compensatory pat on the back. Read more »