FINRA

Without admitting or denying the findings, Blaylock Van consented to FINRA's findings that it failed to establish and maintain written supervisory procedures.

FINRA accused the firm of negligently misrepresenting monthly account statements.

The MSRB will seek comment on Rule G-3 on professional qualifications that would add an exemption for muni advisors having to requalify in instances where their qualification had lapsed.

FINRA and MSRB actions are drawing broker-dealer firms to lobbying groups.

Broker and investment advisor Wayne von Borstel has been suspended by FINRA for 15 business days for violating MSRB Rule G-8 on recordkeeping

Most municipal securities trades are reported to the MSRB well under the current 15-minute rule, and it's unclear how a one-minute mandate would "benefit investors or increase transparency," the ASA said.

The Securities and Exchange Commission has sustained the Financial Industry Regulatory Authority’s disciplinary action against J.W. Korth & Company.

The 70-page report homed in on some muni-specific risks uncovered during examinations.

FINRA found that Michael Mancinelli improperly exercised discretion and caused his firm to have inaccurate books and records.

Some firms are voluntarily self-reporting potential supervisory and suitability rule violations.

FINRA found that RBC’s supervisory system did not flag recommendations that resulted in potentially unsuitable concentrations of high-yield bonds in certain customer accounts.

Former JP Morgan broker allegedly provided incorrect and misleading account reports to a customer.

Underwriter Cantone Research’s alleged fraudulent misrepresentations are tied to two defaulted bond offerings.

Erring on the side of caution and good documentation are key to managing conflicts of interest

FINRA said the firm failed to detect and resolve short positions in municipal securities

Alleged supervisory failures led to unsuitable trading patterns of Puerto Rico and other bonds, FINRA found.

The New York-based firm agreed to be censured, pay the penalty, and remedy alleged problems with its supervisory system.

FINRA arbitrators ordered the wealth manager and closed-end funds manager to pay damages as it resolves outstanding claims stemming from the island’s fiscal crisis.

The broker exercised discretion in seven customer accounts despite Morgan Stanley no longer allowing discretionary trading.

A case settled this week was the first brought in decades by FINRA for a rule violation on quotations.