On June 29, 2022, FINRA released the report of its independent investigation, concluding that allegations of a “secret agreement” to avoid certain arbitrators on an industry lawyer’s cases were untrue.
The allegations...more
6/30/2022
/ Administrative Review ,
Appeals ,
Arbitration ,
Arbitration Awards ,
Banks ,
Brokerage Accounts ,
Financial Industry Regulatory Authority (FINRA) ,
Forum ,
Professional Misconduct ,
Securities Litigation ,
Vacatur ,
Wells Fargo
Tennessee has joined other states in formally approving lawyers’ cloud-storage of client-confidential data. The Board of Professional Responsibility (“BOPR”) held that lawyers ethically may use cloud storage for...more
9/25/2015
/ American Bar Association (ABA) ,
Banking Sector ,
Banks ,
Breach Notification Rule ,
Bring Your Own Device (BYOD) ,
Client Data ,
Client Services ,
Cloud Computing ,
Compliance ,
Confidential Information ,
Confidentiality Policies ,
Corporate Governance ,
Cybersecurity ,
Data Breach ,
Data Loss Prevention ,
Data Security ,
Due Diligence ,
Ethics ,
Financial Institutions ,
Incident Response Plans ,
Law Practice Management ,
OCIE ,
Personally Identifiable Information ,
Popular ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Third-Party Service Provider
An SEC administrative law judge (“ALJ”) found that former Wells Fargo trader Joseph Ruggieri traded on material nonpublic information tipped him by former analyst Greg Bolan, but dismissed the insider-trading charges against...more
9/16/2015
/ Administrative Law Judge (ALJ) ,
Appointments Clause ,
Banking Sector ,
Banks ,
Due Process ,
Enforcement Actions ,
Fiduciary Duty ,
Financial Institutions ,
Financial Markets ,
Insider Trading ,
Material Nonpublic Information ,
Personal Benefit ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Seventh Amendment ,
Tippees ,
Wells Fargo