National Association of Securities Dealers

  • SEC names Geoffrey Aronow general counsel

    The Securities and Exchange Commission (SEC) has selected veteran securities lawyer Geoffrey Aronow to fill its recently vacated general counsel spot.

  • Litigation: Is FINRA still fine?

    On Oct. 5, 2011, the 2ndCircuit held in Fiero Brothers v. FINRAthat the Financial Industry Regulatory Authority (“FINRA”) lacks the power to sue its members to collect fines it imposes in disciplinary proceedings. The decision arose from FINRA’s suit against the Fiero Brothers securities firm to recover a $1,000,000 fine.

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