Alabama Securities Commission Moves to Vacate FINRA Expungement Award for Procedural Improprieties
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By Harry A. Jacobowitz, Esq.*

In a timely move, the Alabama Securities Commission (“ASC”) raises serious questions about the procedure employed in a recent FINRA expungement proceeding,

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SEC’s Division of Examinations Releases 2022 Exam Priorities – Dispute Resolution Again Not on the List
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The SEC’s Division of Examinations (“DOE”) has issued its exam priorities for 2022. Once again,

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Raiding Award Features Dueling Explanations of Split Decision
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by Harry A. Jacobowitz

A 35-page explained Award in a raiding case resulted in an award in excess of $18 million against the respondents,

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Unanimous Kentucky Supreme Court: Variable Annuity is Not an Insurance Product, but A Fixed Annuity is. PDAA in the Latter is Therefore Unenforceable
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By George H. Friedman, SAA Publisher & Editor-in-Chief 

While the arbitration agreement in a variable annuity was enforceable because the investment was a security,

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DOL Delays Fiduciary Rule Enforcement Until End of January
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By George H. Friedman, SAA Publisher & Editor-in-Chief

In somewhat of a surprise, the Department of Labor (“DOL”) has delayed from December 20 until January 31 enforcement of its fiduciary rule.

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FINRA Goes Back to the Drawing Board on Expungement Rule
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By George H. Friedman, SAA Publisher & Editor-in-Chief

On the last day for SEC review of FINRA’s latest proposal for improving the expungement process,

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