Author Archives: Dan Supalla

About Dan Supalla

Dan Supalla is a member of Briggs and Morgan's Financial Markets and Appellate practice groups. He practices principally in the areas of financial services and securities litigation, state and federal appeals, and business and employment litigation.

New and Amended FINRA Rules Protecting Seniors from Financial Exploitation

What would you do as a firm if you suspected that a customer’s child was misappropriating funds from his elderly parents’ financial accounts? Or if the compliance department noticed a pattern of suspicious transactions from a customer’s account, and that … Continue reading

Posted in FINRA, Uncategorized | Tagged ,

Cybersecurity Alert: WannaCry Ransomware Attack

In response to the “WannaCry” ransomware attack, the SEC’s Office of Compliance Inspections and Examinations (OCIE) has issued an alert (available here) warning firms that they should immediately evaluate whether their computer systems are operating properly and whether they have … Continue reading

Posted in Cybersecurity and Data Privacy, Uncategorized | Tagged , , ,

Alert: DOL Fiduciary Rule On Ice

Today, February 3, after many weeks of uncertainty about the fate of the Department of Labor’s fiduciary duty rule, President Trump signed an executive order that eliminates the April 2017 applicability deadline and directs the DOL to review the rule … Continue reading

Posted in Administration, Department of Labor (DOL), Fiduciary Duty Rule, Proposed Administrative/SRO Rules, Retirement Planning, Uncategorized | Tagged , , , , , ,