Foley Partner Richard Wallace authored an article titled “FINRA Proposes New Suitability and ‘Know Your Customer’ Rules” in the 3rd Quarter 2009 issue of TIC Talk Quarterly. Wallace discusses the Financial Industry Regulatory Authority’s (FINRA) proposed rules for suitability and know-your-customer obligations and their implications for tenant in common (TIC) transactions. He adds that the proposed rules are likely to be accompanied by increased supervision and enforcement, noting that broker-dealers will need to be able to not only demonstrate appropriate policies and procedures with respect to determination of suitability, but also adequate training, supervision and disciplinary action with respect to licensed professionals.
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29 May 2025
Events
May 2025 Midwest Cyber Security Alliance Meeting | What Happens After a Breach: Practical Tips for the Notification Process
Join us on Thursday, May 29, 2025, at the next Midwest Cyber Security Alliance Meeting. Brandon Hollinder, Esq., and Adam Botter from Epiq will provide practical tips and insights on organizing the data mining and subsequent notification process after a cybersecurity breach.
15 May 2025
Manufacturing Industry Advisor
Foley Automotive Update
Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology. Contact the authors, your Foley relationship partner, or our Automotive Team to discuss and learn more.
15 May 2025
Foley Viewpoints
DOJ Criminal Division Updates (Part 3): New Reasons for Companies to Self-Disclose Criminal Conduct
On May 12, 2025, the U.S. Department of Justice announced revisions to its Criminal Division Corporate Enforcement and Voluntary Self-Disclosure Policy.