FINRA Investigations of Member Firms: Obtaining Extraordinary Cooperation Credit | Practical Law

FINRA Investigations of Member Firms: Obtaining Extraordinary Cooperation Credit | Practical Law

A Practice Note discussing the main factors the Financial Industry Regulatory Authority (FINRA) considers in settlement discussions post-investigation, when determining the sanctions and whether a member firm is eligible for extraordinary cooperation credit. The Note summarizes each of the main categories FINRA uses to measure a member firm's cooperation and offers counsel tips and best practices for maximizing the likelihood of obtaining credit for extraordinary cooperation.

FINRA Investigations of Member Firms: Obtaining Extraordinary Cooperation Credit

Practical Law Practice Note w-035-2086 (Approx. 11 pages)

FINRA Investigations of Member Firms: Obtaining Extraordinary Cooperation Credit

by Practical Law Securities Litigation & White Collar Crime
MaintainedUSA (National/Federal)
A Practice Note discussing the main factors the Financial Industry Regulatory Authority (FINRA) considers in settlement discussions post-investigation, when determining the sanctions and whether a member firm is eligible for extraordinary cooperation credit. The Note summarizes each of the main categories FINRA uses to measure a member firm's cooperation and offers counsel tips and best practices for maximizing the likelihood of obtaining credit for extraordinary cooperation.