The “Selling Away” Crackdown May Breed More Breakaways
Oct 15 - Financial Times
InvestmentNews’ revelation that independent broker-dealer LPL Financial terminated James Bashaw for “selling away” marks the second high-profile brokerage firing for similar infractions in a few weeks. But the latest case doesn’t shed light on why this infraction, by some accounts tolerated in the past, is now a firing offense — especially when other business models don’t even consider it an infraction.
According to Bashaw’s Finra CRD...
According to Bashaw’s Finra CRD...