The following article was posted on FINRA's website: WASHINGTON — It was announced that The Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy and the Financial Industry Regulatory Authority (FINRA) have issued an investor alert called Structured Notes with Principal Protection: Note the Terms of Your Investment to educate investors about the risks […]

Recently, a FINRA arbitration panel made a monetary award  in the case of Stone & Youngberg v. Kay Family Revocable Trust, No. 3:11-cv-00198 (N.D. Cal., 6/22/11),  which was appealed by the defense and lost.    This case involved the challenge by a broker-dealer to a $750,000 award to a former customer, who was advised by Stone & […]

In a June 28, 2011, article written by Darla Mercado for InvestmentNews.com, she writes that Finra's variable annuity suitability rule should be old news to broker-dealers, but firms that want to avoid an arbitration land mine ought to review their procedures. This warning came from Andrew A. Favret, associate vice president and regional chief counsel […]