Advertising Compliance

FINRA Finds Investor Suit Against Unrelated Brokerage Firm "Frivolous"

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Investor claims against their advisors have reached the point where some will sue to be made whole simply because their portfolio's value declined. But one recent FINRA case went the other way.

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Boston Advisor Found $50 Million In Fake Refunds For Clients, Tried To Pay His Own IRS Bill With Fake Checks

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An especially ambitious advisor has been convicted on nine tax counts as well as contempt of court for filing fake IRS returns for his clients while skipping his own taxes.

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Do FINRA and SEC Disclosures Drive You Nuts? Here's Your Chance To Let The SEC Know How To Fix It

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Do you think advertising disclosure rules are unnecessarily complicated? Unfair? How would you improve them? Here’s your chance to let the Securities and Exchange Commission know your ideas for making the system better.

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Massachusetts Regulators Suggest Disclosure For Advisors Whose Clients "Like" Them

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After an exhaustive study, the Massachusetts Securities Division has concluded that state-regulated advisors can use social media as long as they treat the communications as advertising -- and are mindful of the interactive nature of the format.

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SEC To RIAs: Don't Use Facebook "Like" Buttons; SEC Provides Guidance On What Constitutes A Testimonial

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The U.S. Securities And Exchange Commission does not like Facebook “like” buttons to be used by Registered Investment Advisers, or at the very least wants RIAs to use “like” buttons very carefully.  

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