Three former brokers at the Salomon Smith Barney branch in Richmond, Va., have filed for NASD arbitration hearings, accusing the firm and its Atlantic Coast regional director with mismanagement, Registered Representative has learned.Although...
Small broker/dealers say regulators' crackdown on firms who failed to file or were late to file year 2000 forms was unfair and heavy-handed.The SEC slapped 37 firms for failing to file part or all of their Y2K readiness reports by Oct. 2, the...
One of the first things a broker learns is how to sign up customers. But some attorneys and compliance pros warn that brokers and firms are falling short in getting customers to sign new account agreements.Many firms, including most of the...