Plenty of red flags, few restrictions: Is FINRA's Rule 4111 working?

T1Covered by 1 source · first reported by American Banker (headlines) at 27 Oct, 22:21 UTC

Roughly a dozen brokerages have enough customer complaints and other disclosures to merit preliminary scrutiny for a public "scarlet letter" alerting investors of heightened risks. But only two firms have been deemed restricted by FINRA.

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Sources

• T1Plenty of red flags, few restrictions: Is FINRA's Rule 4111 working?American Banker (headlines)27 Oct, 22:21