Tag archive for ‘finra broker check’

• SEC Shuts Down Stockbroker Who Defrauded Elderly Nuns

  9 January 11 • Comments Off

  

  Have you ever wanted to kick somebody’s ass? No I don’t mean the Sisters of Charity to the left. Check out Brian Mahany’s latest post. You won’t believe the story he unearthed on a government website.

• Stockbrokers—Three Steps To Build Trust*

  19 February 10 • Comments Off

  

  Uneven regulation. Here’s what I don’t understand. For years, I worked for brokerage firms on Wall Street. I was subject to licensing and ongoing education. You could do a background check on me by going to FINRA’s website. Then, I joined a Registered Investment Adviser (“RIA”) and became a “fiduciary,” I think. I did the same job, but my licenses were no longer necessary. I disappeared on FINRA’s website, because the SEC monitors RIAs. But the SEC only provides information on companies, not individuals. It became more difficult to check me out because FINRA dropped my information two years later. What’s with that?

© 2012 Acrimoney. All rights reserved. Norb Vonnegut's Author Site