A broker-dealer settled charges with several state securities regulators for charging “unreasonable commissions” to customers on low principal equity transactions.
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The North American Securities Administrators Association highlighted a multistate agreement among state regulators leading to the settlement of state charges against an online trading platform for its 2020 operational and technical failures during a period of meme-stock volatility.
NASAA extended the comment period on proposed revisions to its Statement of Policy Regarding Real Estate Investment Trusts.
NASAA requested comment on proposed revisions to its Statement of Policy Regarding Real Estate Investment Trusts. The deadline for public comment is August 11, 2022.
In response to a request for comment on FINRA Regulatory Notice 22-08, several industry organizations and a cohort of attorneys general submitted letters examining the merit of FINRA's proposal to further restrict retail investors' access to "complex products."