FINRA Hits Morgan Stanley for $13M Over UIT Trades
Hundreds of Morgan Stanley reps executed short-term UIT rollovers in thousands of customer accounts, FINRA found.
Businessman Stole Investor Funds for Packers Tickets, SEC Says: Enforcement
Also, FINRA censures and fines Goldman Sachs, State Street and UBS.
FINRA Fines BD Over ‘Death Puts’
The ruling comes one month after an SEC judge dismissed similar claims involving one of C.L. King’s hedge fund clients.
FINRA Mulls Releasing ‘Bulk’ BrokerCheck Data
Bulk data on broker-dealers would give view into BDs that employ brokers with a history of FINRA violations, Cook said.
JPMorgan Chase's Cutler Named FINRA Large Firm Board Governor
Cambridge's Amy Webber was appointed as the independent dealer/insurance affiliate governor.
FINRA Nominates Large, Small Firm Members for Disciplinary Panel
SEC also approved amendments to FINRA customer and industry arbitration rules.
Hedge Fund Fined for Taking Investor Money to Support Other Funds: Enforcement
And FINRA fined Wells Fargo Securities $3.25 million for failing to report all of its reportable conventional options positions.
FINRA Fines Edward Jones for Supervisory Failures
The broker-dealer issued some 52 million client reports without required supervision, the regulator says.
FINRA Earnings Rise as Fines Soar
Fines rise 85%; pay stays close to $1 million and higher for at least four execs.
FSI Shares Views, Case Studies on Outside Business Activities
More input from independent advisors and brokers-dealers is also sought by the Financial Services Institute.