Independent Contractor Broker‐Dealers: Reflections on Supervision
Robert G. Brunton
(Partner of Kutak Rock LLP in the Firm's Atlanta office.)
Michael K. Wolensky
(Partner of Kutak Rock LLP in the Firm's Atlanta office.)
75
Abstract
Independent contractor broker dealers have been described as “one of the regulatory black holes.” This article seeks to identify common problems and issues relating to the supervision of independent contractor registered representatives that warrant further scrutiny under Section 15 of the Securities Exchange Act of 1934 (Exchange Act) and National Association of Securities Dealers (“NASD”) Conduct Rule 3010.
Citation
Brunton, R.G. and Wolensky, M.K. (2000), "Independent Contractor Broker‐Dealers: Reflections on Supervision", Journal of Investment Compliance, Vol. 1 No. 3, pp. 16-22. https://doi.org/10.1108/eb045882
Publisher
:MCB UP Ltd
Copyright © 2000, MCB UP Limited