Feature Articles Archives - Page 5 of 31 - The Industry Spread

NFA Bars Chicago Commodities Firm

September 20, 2019

The Decision, issued by NFA’s Business Conduct Committee (BCC), is based on a Complaint issued by the BCC. The BCC found that Systra and Kopp provided false information to NFA concerning Kopp’s trading activities on behalf of a pool managed by Systra.

House Examines Decline in IPO

September 16, 2019

The number of public companies in the U.S. capital markets today is less than half the number just twenty years ago. This comes despite the fact that the valuation of the public stock market has boomed in recent years. This change has left investors in the public markets more concentrated in increasingly larger companies

Another Regulator has hit a Wells Fargo Trading Unit

September 6, 2019

“These proceedings arise out of a fraudulent scheme carried out by Muldoon, a former Wells Fargo Clearing Services, LLC (‘Wells Fargo’) trader, to evade the retail order period restrictions in municipal bond offerings. Municipal issuers hold retail order periods to prioritize the sale of bonds to retail investors, typically providing retail investors the first chance to obtain bonds in a primary offering.

FINRA’s Four Pillars of Corporate Values

August 26, 2019

The Financial Industry Regulatory Authority (FINRA) has hammered down its own corporate values. 

Rosie Allan, FINRA’s Senior Director for Organization Development was the latest guest on FINRA’s podcast Unscripted. 

In her role, Allan noted that she is charged with developing a framework for FINRA’s values which she described with four pillars: collaboration, expertise, innovation, and responsibility.