At FINRA, Boys Will Be Boys But Girls Should Act Like Proper Ladies (BrokeAndBroker.com Blog)
Bill Singer
A critic of the inept and incompetent, and an advocate for economic and political sanity. It's a lonely journey but I walk it. Wall Street legal, regulatory, and compliance veteran since 1982.
At FINRA, Boys Will Be Boys But Girls Should Act Like Proper Ladies?(BrokeAndBroker.com Blog)
https://www.brokeandbroker.com/5979/finra-awc-sba/
Another day and another FINRA regulatory case against a rep who applied for an Economic Injury Disaster Loan from the SBA. Ho hum. Yet again, FINRA seems to have the respondent dead to rights. The facts are what they are and FINRA makes its case. It's in the making of that case, however, that FINRA's choice of words and its highlighting of some facts gets awkward. Not only does FINRA appear to operate under a double standard when it comes to the industry's men and women versus the regulator's Large Member Firms, but we also see language in the settlement document that comes off as sexist.?Boys will be boys but girls should act like proper ladies?