Joel Beck

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About The Beck Law Firm, LLC

  • Joel Beck, a former NASD Department of Enforcement lawyer, formed The Beck Law Firm, LLC in 2007. Joel's practices focuses on three main areas: 1) broker-dealer and registered investment adviser regulation/compliance, regulatory investigations and enforcement actions, and arbitration cases, 2) business formations and small business legal needs, and 3) basic estate planning.

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  • The Beck Law Firm, LLC and Joel Beck, the author of this blog, provide this material for informational purposes only. While we believe the content to be accurate, we make no guarantee to that effect. Use of this blog does not create an attorney/client relationship and The Beck Law Firm, LLC does not represent you unless and until we have entered into a written representation agreement. The hiring of an attorney is an important decision and should not be based upon advertisements, including websites and blogs. Please contact us for additional information about our qualifications before making a decision.

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  • I welcome comments on most postings, and like to keep the discussion going. Comments are moderated and will not post until publisher review. Comments that don't relate to the topics and subject matter of the blog, and seek only to provide links for other websites, will not not be published. The Beck Law Firm, LLC and Joel Beck are not responsible for contents of the published comments, and do not necessarily share the same views as the commenter.

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September 15, 2011

Momentum Gaining on RIA SRO?

Earlier this week, Investment news reported that support for a self-regulatory organization for registered investment advisers is apparently gaining momentum.  The article highlights many trade groups that have thrown their support behind FINRA as a possible SRO for advisers though some state regulators object to an SRO.  On Monday, Rick Ketchum, CEO of FINRA, testified before a House subcommittee (the Subcommittee on Capital Markets and Government Sponsored Enterprises Committee on Financial Services).  The text of his testimony can be found online here.  As you would expect, Ketchum was in favor a a SRO for RIAs, and for FINRA being an SRO in that arena.  With what appears to be some bipartisan support for an adviser SRO, it's coming, I think.  Just a matter of when.  

Posted at 12:44 PM in Broker-Dealer/RIA Current Affairs |