Archives

  • Bond Markup Disclosure Rule

    By westernadmin | Monday, April 30, 2018

    The Municipal Securities Rulemaking Board ("MSRB") and Financial Industry Regulatory Authority ("FINRA") have amended rules G-15, G-30 and FINRA Rule 2232 to require dealers to disclose the compensation received (referred to as "markups" collectively) on certain fixed income transactions.  These...

  • Office 365 Phishing Scam

    By westernadmin | Monday, April 30, 2018

    There’s a trend of email phishing scams emerging that impersonate Microsoft Office 365. The attack consists of a deceptively simple email message telling the recipient that their email account is over quota or about to be deactivated and that they need...

  • 1st Quarter 2018 Compliance

    By westernadmin | Monday, April 30, 2018

    FINRA published several compliance updates and regulatory guidelines during the 1st Quarter of 2018, including disciplinary actions. Listed below are several of those updates and actions to familiarize representatives with current industry practices and trends. For additional information, please visit...

  • Form Update & Change to the Wedbush Money Transfer Verification

    By westernadmin | Monday, April 30, 2018

    The Wedbush Money Transfer Verification Form has been updated to meet Wedbush’s new requirements.  The changes include the lowering of the dollar limit on the form requirement to $99,999 and the additional information on the owner role and authorization.   Please...

  • Form Update – Replace The Western DPP/REIT Form

    By westernadmin | Wednesday, April 25, 2018

    Western International has updated and replaced the Western form DPP/REIT with the  Western form Client Disclosure Form Alternative Products.  Please delete any old DPP/REIT forms on your desk top and begin using the Client Disclosure Form Alternative Products immediately.   The form can be found...

  • Wealthscape Investor Security Update

    By westernadmin | Wednesday, April 25, 2018

    Effective April 26, Wealthscape Investor users are required to provide at least one email address and one phone number as part of the security contact information collection process.   Users must provide at least one email address and one phone number...

  • Wire Fee Increase and Reminder of the Policy on Deterring Wire Fraud

    By westernadmin | Wednesday, April 25, 2018

    As many of you may already be aware, wire fraud and money laundering concerns have led regulators to require firms and their advisors to increase the amount of inquiry and scrutiny they must perform prior to wiring funds from client’s...

  • WebEx This Thursday: American Funds F-2 Shares Class offering

    By westernadmin | Monday, April 23, 2018

    Save the Date! Western International Securities invites you to join a conference call with American Funds to learn about their newest F-2 Shares Class offering. Thursday, April 26, 2018 11:00 am – 11:30 am American Funds, F-2 Direct Share Class:...

  • Save the Date!

    By westernadmin | Tuesday, April 17, 2018

    We have launched our 2018 National Conference website. You can get to the site by clicking ‘2018 Conference’ link on the left menu.     Further details will follow soon, but in the meantime you can check out photos from...

  • Western International Lunch and Learn – National Financial Services and Morningstar

    By westernadmin | Tuesday, April 17, 2018

    Thursday, April 19th, 2018 11:30 am – 1 pm National Financial Services and Morningstar offer an integrated, web-based investment planning platform that contains capabilities for research, portfolio analysis, goal planning, and sales presentation. Various research providers also offered though NFS Wealthscape. Topics: Complimentary research...

  • Western Bids a Fond Farewell to Rachel Baker – Director, Advisory

    By westernadmin | Monday, April 9, 2018

    It is with mixed emotions that we announce the departure of Rachel Baker from our Advisory Team.  Rachel, a major contributor at Western for almost 9 years, will continue to work in the financial services industry and has accepted a...

  • IRA Contributions for 2017

    By westernadmin | Sunday, April 8, 2018

    Traditional IRAs, Roth IRAs and Education Savings Accounts (ESAs) must be established by April 17, 2018 and funded by April 17, 2018*.   *Because April 15 falls on a Sunday and Emancipation Day, a legal holiday in the District of Columbia...

  • Pershing New Design Trade Confirmations Coming Soon!

    By westernadmin | Thursday, April 5, 2018

    To align with the investor statement, Pershing is implementing an enhanced daily trade confirmation design in late April. The redesigned trade confirmations will include the following enhancements: Data Design—Providing an improved flow of information in a landscape format Consolidation—Consolidating confirmations...

  • Western International Securities Lunch and Learn – DocuSign

    By westernadmin | Tuesday, April 3, 2018

    Thursday April 5, 2018 From 11:30 AM to 1:00 PM.  Lunch will be provided. DocuSign is an e-signature and workflow solution that allows Western Advisors and their assistants to electronically send forms and documents for client to fill and sign. Please join...