We wanted to alert you to our updated 2023 National Survey on Restrictive Covenants. Ernest E. Badway – National Survey on Restrictive Covenants – Updated 2023 (foxrothschild.com)
Continue Reading Updated 2023–National Survey on Restrictive CovenantsFox Rothschild’s Securities Industry Group and Labor & Employment Department have updated the firm’s National Survey on Restrictive Covenants, a quick reference guide for in-house counsel and human resource professionals
Continue Reading Now Available Fox Rothschild’s National Survey on Restrictive Covenants – 2020 Edition
So you really want to change firms. Do you have a restrictive covenant or a non-compete? If so, your transition may be a little more complicated. To learn what restrictions
Continue Reading So You Want To Change Firms — Part II
In a recent Acceptance, Waiver and Consent (“AWC”) a broker dealer was censured and fined for, among other things, the failure to conduct an adequate pre-hire investigation of a registered
Continue Reading Is This A Preview of FINRA’s Approach to Rule 3110(e)
Brokers like anyone else enjoy making money the old fashioned way . . . . by inheriting it. Although everyone wants to inherit business, a recent Investment News article highlighted
Continue Reading So Who Wants To Inherit A Book Of Business
As a result of a couple high profile awards that were overturned because of issues with the arbitrators, FINRA has vetted its pool of arbitrators and has instituted new procedures
Continue Reading Should You Feel Better That FINRA Vetted Its Arbitrators
The SEC’s Division of Trading and Markets assured a broker-dealer that a retiring registered representative would not risk enforcement action if, after termination of the employment, he or she received
Continue Reading RETIRED BROKERS MAY CONTINUE TO COLLECT COMPENSATION
On September 18, the SEC approved a FINRA proposal that essentially does away with the ability to have an industry arbitrator serve on your panel. So the question becomes, why
Continue Reading Is There Any Reason To Arbitrate Customer Complaints
Recently, a Texas appellate court upheld a common law prohibition against a former registered rep who had moved firms.
The court indicated that this departing broker had a common law
The FINRA Board of Governors is considering implementing new rules that will require brokers to disclose their compensation when they move firms.
In many respects, this will cause issues for those
Continue Reading Moving Firms Maybe Getting More Difficult and Possibly Anti-Competitive?