Broker Wants Pause on Zoom Hearing in FINRA Disciplinary Matter

Alpine Securities Corp. urged a federal court in Utah to stop a virtual FINRA disciplinary hearing from going forward, saying the regulator already got to present its evidence in person against the broker-dealer before the pandemic began.

The coronavirus pandemic postponed part of a hearing over whether Alpine charged unreasonable or excessive fees. The parties agreed to resume in person, but the Financial Industry Regulatory Authority’s chief hearings officer ordered proceedings to resume over Zoom, Alpine says in a complaint filed in the U.S. District Court for the District of Utah.

The disciplinary proceeding started in February, and FINRA’s enforcement ...