Has NASD Scrutiny Peaked?

Financial services planners shouldn't expect NASD regulatory enforcement actions to go away. However, the scrutiny pertaining to gifts, travel, and entertainment guidelines may have peaked, according to Maribel V.Gerstner, associate vice president and chief compliance officer, Allstate Distributors & ALFS Inc., Northbrook, Ill.

NASD (the governing body for securities firms) was quite active last year, with the biggest enforcement action involving Fidelity brokerage units that were

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish