Topic
Best Execution
54 published works
Class Action Countermeasures
Classic Cases – Newton v. Merrill Lynch
By The Editors
In the 1990s, a group of attorneys sued a number of securities broker-dealers nationwide. They alleged that the broker-dealers had executed a number of securities orders at the "National Best…
Securities Law Prof Blog
FINRA Expels Kirlin Securities For Manipulating its Parent’s Stock Price
FINRA's National Adjudicatory Council (NAC) has expelled Kirlin Securities of Syosset, NY, (a wholly owned subsidiary of Kirlin Holding Corporation, nka Zen Holdings Corp.) and barred two Kirlin officials — Anthony…
Securities Law Prof Blog
FINRA Eliminates Requirement that Confirmation Include Securities Market on which Transaction was Effected
FINRA Amends NYSE Rule 409(f) (Statements of Accounts to Customers) to Eliminate the Requirement to Include the Name of the Securities Market on which a Transaction is Effected; Effective Date:…
Securities Law Prof Blog
NASD Fines HSBC Brokerage Regarding Government Securities Transactions
NASD today announced that it has fined New York's HSBC Brokerage (HBI) $250,000 for failure to have adequate systems in place to supervise government securities transactions to ensure best execution. …