We help financial services professionals protect their number one investment: their career.
Experienced. Knowledgeable. Respected. When you need a lawyer for a financial markets or insurance regulatory matter, you need a lawyer with these qualities. Someone who has the experience, the depth of knowledge, and the respect of the regulators and others, and who can zealously represent and guide you through what is often a difficult process. At The Beck Law Firm, LLC, our financial markets and insurance regulation practice is our primary business focus. With more than seventeen years of financial markets regulatory experience – including work both as an enforcement attorney for NASD (now FINRA) and as a defense attorney – Joel Beck knows the broker-dealer and investment adviser industries, and how to speak the language with industry participants and with the regulators.
A cornerstone of our financial markets practice is the defense of regulatory examinations and enforcement proceedings brought by FINRA, the SEC and the Georgia Securities Commissioner’s office. The firm also represents clients in matters involving insurance licensing and enforcement actions before the Georgia Department of Insurance. We regularly advise individuals and companies regarding compliance in financial markets and insurance matters, and also serve as an expert witness/consulting lawyer for other lawyers working on cases involving broker-dealers, investment advisers or insurance issues.
Examples of representative work for clients in these areas are:
Broker-Dealer and Registered Representatives
Defense of FINRA and SEC examinations and enforcement actions for clients nationwide.
General advice and counsel regarding FINRA and SEC rule compliance.
Drafting or review of industry documents such as registered rep. agreements, promissory notes and forgivable loan agreements, etc.
Assistance with registration matters, including statutory disqualification cases involving the MC-400 process with FINRA, or heightened supervision agreements involving state regulators.
Counsel regarding Form U4/Form U5/Form BD disclosures, including assisting registered reps. with expungement of negative disclosures when possible.
Arbitration matters before FINRA Dispute Resolution, including both industry arbitration and customer arbitration cases.
Representation of individual brokers in transitions from one firm to another, including advice and counsel on new registered rep. agreements and promissory notes/forgivable loans, resolving financial obligations to the former firm, Form U5 matters relating to the departure, and Form U4 disclosure issues at the new firm, if any.
Representation and counsel for brokers facing CFP® Board investigations and disciplinary actions.
Registration issues involving SEC and state regulators.
Drafting/reviewing client advisory services agreements and investment adviser rep. agreements.
Assistance with disclosure matters involving Form ADV and Form U4.
Defense of SEC examinations and enforcement actions.
Defense of State of Georgia exams and enforcement actions.
The firm represents agencies and agents with registration/licensing matters and investigations before the Georgia Department of Insurance.
Why choose The Beck Law Firm, LLC for Regulatory Defense?
With involvement in more than 1,000 regulatory examinations, attorney Joel Beck brings a wealth of experience to each client matter he undertakes. Joel has worked on matters involving fraud, sales practice violations, disclosure issues (such as matters involving the Form U4, Form U5, Form BD and Form ADV), net capital matters, trade reporting and market regulation rules, as well as broker-dealer and investment adviser registration matters, and more. Joel handles each regulatory defense case personally, and fights for the best outcome possible given the circumstances.
For FINRA exams concerning registered representatives or associated persons, the firm generally represents these clients on a fixed-fee basis, providing our clients with certainty as to their legal fee bill for each stage of the representation, and also works to keep expenses as reasonable as possible. This can help foster better and more frequent communication between the client and lawyer while eliminating the client’s concern about being “on the clock” for billing purposes. For cases not suitable for a fixed-fee arrangement, we provide services on an hourly basis and work with our clients to develop a reasonable budget for fees and expenses given the nature of their unique case.
For more information on the FINRA and SEC regulatory examination and enforcement process, download Joel’s e-book, A Stockbroker’s Guide to Regulatory Investigations, and visit our blog.
Joel Beck is admitted to practice law in Georgia, with nationwide service for most FINRA/SEC securities regulatory matters. Contact us about your need today.
A Stockbroker’s Guide to Regulatory Investigations by Joel R. Beck, Esq.
With involvement in over a thousand examinations, securities regulatory attorney Joel Beck understands the regulatory environment. To help his clients and others understand the process, which many of them have never before faced, he wrote A Stockbroker’s Guide to Regulatory Investigations. Get your free copy of this e-book today to help you understand the investigative process and to learn to identify potential problems facing brokers in these situations.
For more urgent or immediate needs relating to a FINRA or SEC examination, contact The Beck Law Firm, LLC today.
“Regulatory exams are serious matters and can have a significant impact on your career”
– Attorney Joel R. Beck
* When you request a free copy of Joel’s e-book, you’ll be added to his email newsletter list from which you will receive periodic email updates with news relating to securities regulation and compliance issues, as well as Joel’s other practice areas. We’ll never share your email information with anyone else, and you can unsubscribe from the email list at any time.