When I am engaged to defend a case, whether it’s a customer arbitration or a regulatory complaint, my clients typically get to the point, sooner or later, where they ask me two questions: (1) what do I think about their
Ulmer & Berne LLP
Every day, our focus is on our clients. We represent companies of all sizes across a wide spectrum of industries. What drives us is building relationships with the people who make up our clients’ businesses, one success story at a time.
We offer the competence, resources, and service of the largest firms infused with the user-friendly approach and sensible rates of smaller firms. While geography does not define who we are, our Midwestern roots inform some of our best qualities. We pride ourselves on speaking directly and making every client feel like they’re our only client. As a result, we are able to give clients the best of both worlds – the resources to successfully confront highly complex challenges throughout the country and highly personal service at extremely competitive rates.
Latest from Ulmer & Berne LLP - Page 2
Lucy by the Sea – by Elizabeth Strout
Lucy by the Sea is an amazing rumination on life during the COVID pandemic from the perspective of Elizabeth Strout’s well known character, Lucy Barton.
Lucy Barton is a famous novelist, recently widowed and living in the Manhattan apartment she…
FINRA’s First Reg BI Enforcement Action Stuns Industry With Its Adoption Of A Standard Of Conduct That . . . Is Exactly Like The Old Standard
So, after all the hubbub about how Reg BI was going to turn the brokerage industry on its head, given the new standard of conduct – more like that of a fiduciary – that it was imposing on BDs and…
Time Never Matters To Regulators, Until It Does
As the song goes, time keeps on slipping, slipping, slipping into the future. While Steve Miller may not have had FINRA and the SEC in mind when he wrote that lyric, the shoe certainly fits. Because here’s the thing about…
Horse – by Geraldine Brooks
“Horse” is a work of historical fiction about horses, race, wealth and art. The novel focuses on a historic racehorse, Lexington. The story spans three different time periods and ties together disparate people and incidents.
The novel begins with Theo…
So You Received A Rule 4111 Letter From FINRA Informing You That You’re Presumptively A “Restricted Firm.” Now What??
It’s always exciting to watch something that you just know will be deemed by later generations to be an historic event. I mean, I distinctly remember watching Neil Armstrong on TV taking his first steps on the moon, or the…
Trust – by Hernan Diaz
Trust is a unique novel about perception v reality, wealth v greed, gender equity and the complexity of relationships.
The story is told in three segments. The first segment is a separate novel within the novel by fictitious author Harold…
Determining Chief Compliance Officer Liability Isn’t Really That Confounding
About a month ago, the SEC announced a settlement in a modest little case that has, nevertheless, managed to garner a lot of attention. This is a result of the fact that one of the respondents was the CCO, i.e.,…
Equitable’s Settlement With The SEC Demonstrates That A Single Customer Complaint Can Serve As Notice Of A Systemic Issue
Last week I posted a blog about the dangers of not heeding findings made during a regulatory exam, at least findings of clear, undisputable compliance issues that cannot be meaningfully defended. Today I am writing to highlight a corollary rule:…
Sea of Tranquility – by Emily St. John Mandel
Sea of Tranquility asks the question of whether this life is real or whether we are living in a simulation. The story is influenced by the COVID pandemic, the increasing importance of artificial intelligence and the rise of authoritarianism.
The…