Mid-level managers should be very approachable and have a solid understanding of the business
Donnelly failed to adequately supervise two reps
Bank responds to client demands for more localized banking capabilities abroad
Youden failed to supervise Bagnell
The National Association of Securities Dealers today announced that it has fined Raymond James Financial Services Inc. US$2.75 million for failing to maintain an adequate supervisory system to oversee the sales activities of over 1,000 producing branch managers.In a related action, NASD permanently barred one of those branch managers for recommending unsuitable mutual fund and […]
IDA revamps proficiency requirement for managers of non-retail branches