Finra alerted NASAA after learning that the information was made publicly available.
“ State securities regulators worked diligently to identify the individuals whose information may have been disclosed inadvertently and sent notification letters to these individuals,’’ NASAA’s Brady said. “The purpose of this outreach was to encourage the associations to reach out to firms about the importance of reviewing registration forms, to be mindful of how they disclose personal information, and especially not to add unsolicited personal or sensitive information on the forms when it is not required.’’
Judging by the personal data that was recently available in online profiles, it appears more than two years later some brokers and firms still haven’t gotten the message.
This article was provided by Bloomberg News.