Judge Remands Suit Against Massachusetts Broker-Dealer To State’s Securities Division

Mealey's (August 20, 2018, 1:42 PM EDT) -- BOSTON — A Massachusetts federal judge on Aug. 16 granted a registered broker-dealer’s motion to remand a lawsuit alleging that it violated its internal policies as to the Fiduciary Rule by hosting incentivized sales contests, sending the lawsuit back to the Enforcement Section of the Massachusetts Securities Division of the Office of the Secretary of the Commonwealth (Enforcement Section of the Massachusetts Securities Division of the Office of the Secretary of the Commonwealth v. Scottrade, Inc., No. 18-10508, D. Mass., 2018 U.S. Dist. LEXIS 138813)....