Wall Street’s crackdown on broker-dealer culture


Nick Fera, CEO of Firm58, discusses Finra’s emphasis on broker dealer culture in 2016. “It’s not only trade surveillance, firms need to show that they took action,” Fera said on the subject. “You need to show you have communicated expectation both electronically and verbally about behavior, and people who fail to go live up to them, this is the process they go through.” Read more here.