FINRA Arbitration Jobs
There are several FINRA arbitration jobs available to professionals who have an interest in the FINRA arbitration process. This post discusses some of these jobs. Become a FINRA Arbitrator An arbitrator is a neutral party who oversees arbitration proceedings. They decide who wins the FINRA arbitration as a judge and jury decides a court case. […]
Patrick Mahoney Sourced in Investment News Concerning FINRA Liquidity Requirements Proposal
Patrick Mahoney sourced in Investment News article by Mark Schoeff Jr. concerning FINRA rule proposal to increase liquidity requirements for broker-dealers.
The Law Offices of Patrick R. Mahoney, P.C. Celebrates 10 Years!
The Law Offices of Patrick R. Mahoney, P.C. celebrates 10 years. Opening its doors in 2013, the firm is proud to have spent a decade representing terrific clients, helping them solve complex problems, and providing peace of mind along the way. We look forward to the next 10!
New FINRA Rules will Complicate Removing Complaints from BrokerCheck
FINRA expungement rule changes are officially coming. FINRA expungement refers to the process brokers may undertake to seek removal of customer complaint information from their BrokerCheck records under FINRA Rule 2080. Recently, we wrote about imminent changes to the FINRA expungement rules, and argued that these changes may not impact the expungement success rate
Investigating the Crosby Investment Group
The Law Offices of Patrick R. Mahoney, P.C. (“PRM”) is investigating the Crosby Investment Group (“Crosby”). PRM represents clients who have pending FINRA arbitration claims against Crosby’s alleged affiliate and principal, Independent Financial Group (“IFG”). PRM’s investigation of the Crosby Investment Group takes place concurrently with two other, related investigations: PRM’s investigation concerning Independent Financial […]
Patrick Mahoney Selected to “Up-and-Coming 100” List for the SEVENTH Year in a Row
April 10, 2023 Super Lawyers magazine has designated firm founder Patrick Mahoney as one of the TOP 100 “Up-and-Coming” attorneys in all Southern California for the SEVENTH year in a row! Super Lawyers also nominated Patrick as a “Rising Star” for the ninth year in a row. Super Lawyers is a publication that […]
4 People Accused of $13 Million in Pro Athlete Fraud Schemes
March 23, 2023 New York Times -Kevin Draper Four people were arrested Thursday and charged with collectively defrauding four professional men’s basketball players out of more than $13 million, according to Damian Williams, the United States Attorney for the Southern District of New York. In one scheme, three players were allegedly persuaded to purchase more […]
Ex-Morgan Stanley adviser arrested after allegedly defrauding NBA players out of millions
March 25, 2023 Yahoo! News -Chris Cwik Former Morgan Stanley adviser Darryl Cohen was arrested Thursday after allegedly defrauding NBA players out of millions. Cohen is accused of transferring roughly $13 million from his NBA clients into his personal accounts. Cohen was charged with one count of conspiracy to commit wire fraud and one count of wire […]
Ex-Morgan Stanley advisor charged with defrauding NBA players out of millions
March 23, 2023 CNBC -Rebecca Picciotto Former Morgan Stanley advisor Darryl Cohen was arrested on Thursday morning for allegedly defrauding current and former NBA players including Jrue Holiday, Chandler Parsons and Courtney Lee. Cohen is charged with one count of conspiracy to commit wire fraud and one count of wire fraud, according to federal prosecutors. Each count carries up […]
FINRA Expungement Process Changes
(EDITOR’S NOTE: The FINRA expungement process changes described in this post will soon take effect. When they do, it will be even more difficult to remove meritless disclosures from BrokerCheck. CONTACT US TO ASSESS YOUR EXPUNGEMENT CASE FINRA’s Imminent Changes to Expungement Last year, FINRA moved closer to finalizing several proposed rules to change the […]