As Financial Industry Regulatory Authority fines soared 15 percent in 2012, the watchdog that oversees securities firms paid particular attention to the suitability of investment products, and to the due diligence performed by firms on those products, according to the latest analysis from Sutherland Asbill & Brennan.
Sutherland’s annual report on FINRA disciplinary actions finds that the regulator brought an increased number of cases for the fourth year in a rowfiling 1,541 actions in 2012, up 3.6 percent from the 1,488 cases in 2011.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]