Archives for September, 2016 - Page 4
CBA fined for wrongly approving nearly 10000 credit overdrafts in ‘system error’
The "system error," which has cost the bank $180,000 in fines and forced it to write off $ million, also meant some customers were approved for a ...
Wells Fargo seeks to shore up reputation after fines, scandal and firing 5300 employees
Wells Fargo has been hit hard by allegations its staff opened more than 2 million bank accounts and credit cards for customers without their consent in ...
Funding Portal Statutory Disqualification Process
Under the FINRA By-Laws, no person shall be admitted to or continued in membership, and no person shall be associated with a member, continue to ...
Wells Fargo seeks to shore up reputation in wake of scandal
But the company's shares have lost around 7 percent of their value since last week, when regulators unveiled the fines against the bank , and it ...
FINRA Says Fla. Brokerage Turned Blind Eye To Laundering
The Financial Industry Regulatory Authority on Monday filed a complaint against a Florida brokerage firm it says failed to implement an appropriate ...
Global Compliance & Regulatory Solutions
EisnerAmper's Global Compliance & Regulatory Solutions services assist financial institutions in navigating the regulatory environment to implement ...
When a Brokerage Account Holder Dies—What Comes Next?
Death is an unavoidable fact of life—and of financial planning. When it comes to the death of a brokerage account holder, many firms have trained staff ...
FINRA’s Proposed Rules on Gifts, Gratuities, and Non-Cash Compensation
After a two-year silence, the Financial Industry Regulatory Authority (FINRA) has proposed amendments to Rule 3220 (Influencing or Rewarding the ...
FINRA Establishes New Limited Registration Regime for
FINRA Establishes New Limited Registration Regime for. “Capital Acquisition Brokers,” Including Private Fund. Placement Agents. September 13 ...
Wells Fargo cutting sales goal in wake of hefty fine
Photo: AFP /Getty Images /File Photo Wells Fargo pledged to eliminate product sales goals in retail banking as it works to win back trust following a crackdown last week by…