{"id":8133,"date":"2019-05-17T16:03:12","date_gmt":"2019-05-17T20:03:12","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=8133"},"modified":"2019-05-17T16:03:12","modified_gmt":"2019-05-17T20:03:12","slug":"finra-finds-compliance-to-be-lax-around-illiquid-securities","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/finra-finds-compliance-to-be-lax-around-illiquid-securities\/","title":{"rendered":"FINRA Finds Compliance To Be Lax Around Illiquid Securities"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-5072 size-medium\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/11\/Broker-Dawn-Bennett-Has-Suspension-Lifted-by-FINRA-300x200-300x200.jpg\" alt=\"A new report from FINRA finds that some brokers and brokerage firms are not doing due diligence for their customers when it comes to variable annuities, REITs, and private placements.This new report finds that some firms rely heavily on these types of securities, over-concentrating clients in non-traded investments, including sector-specific investments and complex structured notes.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/11\/Broker-Dawn-Bennett-Has-Suspension-Lifted-by-FINRA-300x200.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/11\/Broker-Dawn-Bennett-Has-Suspension-Lifted-by-FINRA-300x200-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>A new report from FINRA finds that some brokers and brokerage firms are not doing due diligence for their customers when it comes to illiquid securities such as variable annuities, REITs, and private placements.<\/p>\n<p>This <a href=\"http:\/\/www.finra.org\/industry\/2018-report-exam-findings\/reasonable-diligence-for-private-placements\" target=\"_blank\">new report<\/a> finds that some firms rely heavily on these types of securities, over-concentrating clients in non-traded investments, including sector-specific investments and complex structured notes. <a href=\"https:\/\/www.silverlaw.com\/blog\/finra-finds-compliance-to-be-lax-around-illiquid-securities\/#more-8133\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from FINRA finds that some brokers and brokerage firms are not doing due diligence for their customers when it comes to illiquid securities such as variable annuities, REITs, and private placements. This new report finds that some firms rely heavily on these types of securities, over-concentrating clients in non-traded investments, including sector-specific [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[592,594,585],"tags":[],"class_list":["post-8133","post","type-post","status-publish","format-standard","hentry","category-finra-investor-alert","category-real-estate-investment-trusts","category-variable-annuities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FINRA Finds Compliance To Be Lax Around Illiquid Securities &#8212; Securities Arbitration Lawyers Blog &#8212; May 17, 2019<\/title>\n<meta name=\"description\" content=\"A new report from FINRA finds that some brokers and brokerage firms are not doing due diligence for their customers when it comes to illiquid securities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/finra-finds-compliance-to-be-lax-around-illiquid-securities\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FINRA Finds Compliance To Be Lax Around Illiquid Securities &#8212; Securities Arbitration Lawyers Blog &#8212; May 17, 2019\" \/>\n<meta name=\"twitter:description\" content=\"A new report from FINRA finds that some brokers and brokerage firms are not doing due diligence for their customers when it comes to illiquid securities.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/11\/Broker-Dawn-Bennett-Has-Suspension-Lifted-by-FINRA-300x200.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FINRA Finds Compliance To Be Lax Around Illiquid Securities &#8212; Securities Arbitration Lawyers Blog &#8212; May 17, 2019","description":"A new report from FINRA finds that some brokers and brokerage firms are not doing due diligence for their customers when it comes to illiquid securities.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/finra-finds-compliance-to-be-lax-around-illiquid-securities\/","twitter_card":"summary_large_image","twitter_title":"FINRA Finds Compliance To Be Lax Around Illiquid Securities &#8212; 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