Conflicts of Interest and Dual Registrants

November 1, 2016Legal AlertsConflicts of Interest, Dual RegistrationDaniel LeGaye

The Securities and Exchange Commission (the “SEC”) continues to pay close attention to the conflicts of interest that can exist in broker/dealers and investment advisory firms that share financial professionals and dually registered firms. In the Staff Report issued by the SEC on January 21, 2011, the SEC principally based its advocacy for a uniform regulatory … Continue reading Conflicts of Interest and Dual Registrants →

White Paper – Dual Registration and FINRA Supervision

May 10, 2010White PapersBroker-Dealer, Dual Registration, Investment AdviserDaniel LeGaye

As the financial services industry has evolved, the supervision of registered persons that are dually registered or affiliated, either with another broker-dealer, an investment adviser or other financial services firm has become increasingly complex. While FINRA speaks regularly about how there is no “one size fits all” approach to compliance, it is clear that supervisory issues … Continue reading White Paper – Dual Registration and FINRA Supervision →