Month: July 2021 Articles

Outside business activities (“OBA”) are no joke when it comes to your employment with a broker-dealer. Earlier this month, Merrill Lynch fired a broker in Miami who had been with the firm for 26 years, because he “participated in a financial arrangement with a client...

Customer privacy is a huge issue in the broker recruiting process. Take a lesson from Cetera Advisor Networks. Recently the firm was made to pay a $125k fine and was censured for getting brokers who were still at their former firms to give non-public customer...