Shareholder Robert Rabinowitz spoke to ThinkAdvisor regarding The Securities and Exchange Commission winning a jury trial in U.S. District Court, Atlanta against Raymond Pirello Jr. He was found guilty on all five SEC claims, last serving as a FINRA-registered broker for Garden State Securities in Red Bank, New Jersey. When asked if the firm Garden […]
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FINRA Issues Interpretation on Net Capital and Backstop Agreements
Although the utilization by FINRA broker-dealer members firms of “backstop” agreements is fairly common, and have been issued for years, the regulatory underpinnings for their use and the effect on net capital has never been clear. Counsel, investment bankers, compliance officers, and FINOPS have struggled to cite a true regulatory basis for their viability to […]
Read MoreRobert Rabinowitz and Sarah Klein Successfully Oppose Motion for Summary Judgment
Robert Rabinowitz and Sarah Klein successfully opposed a motion for summary judgment in a regulatory proceeding on behalf of a securities broker who is facing a serious fraud charge in connection with activities as a bond trader. This victory will allow the case to proceed to a final hearing where the client will be permitted […]
Read MoreMonmouth County’s Top Lawyers 2018
Congratulations to Robert I. Rabinowitz, who has been selected as one of Monmouth County’s Top Lawyers of 2018. Robert is listed as among the top of his field in Securities Law. The annual listing is comprised of the region’s most prominent attorneys, selected through peer review, across more than 28 practice areas. A shareholder in […]
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