Guidance update speaks to whether or not FINRA filing would be required.
The $290 million credit union in Charlotte, N.C., said MEMBERS Financial Services is now Charlotte Metro Investment Services.
Participation in the pilot program, which began this week, is voluntary and open to cases involving claims of $50,000 or less, FINRA said.
Study shows 77% of senior financial services managers would consider ending relationships because of compliance concerns.
A current SEC commissioner who has worked at the agency in several capacities, Elisse Walter has been tapped to become the new SEC chairman.
On pace to far exceed this year the number of fines and disciplinary actions against financial advisers it imposed last year.
FINRA’s proposed 25% increase in the fees that it collects from financial service firms may become a reality within the next few months.
FINRA suitability recommendations for brokerages are coming into effect July 9.
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After hearing both sides, a Financial Industry Regulatory Authority panel recently denied all claims made by the estate that was seeking more than $2 million against an investment adviser that worked for a broker-dealer acquired by SECU Brokerage Services Inc.