FINRA to Clamp Down on High-Risk Brokers With Tougher Rules
The group is looking to raise fees, consider more severe sanctions and further restrict firm and advisors with disciplinary issues.
FINRA’s 6 Steps to Recovery for Fraud Victims
The industry group outlines the details of what investors can do after being affected by financial crime.
CFA Institute Blasts Senate’s Move to Block Auto-Enrollment Retirement Plans
State plans being affected by the resolution stood to benefit some 63 million American workers who lack access to retirement plans, CFA Institute says.
FINRA to Protect Senior Investors With 2 New Rules
FINRA says temporary holds and extra contact information are critical to preventing financial abuse.
‘Myth Busting’ Ex-Broker to Pay Dating Guru $1M
A FINRA panel has ruled that radio host Dawn Bennett is required to compensate the former client for losses and expenses.
FINRA Bars Rep for $15M of ‘Unsuitable Trades’ in Retiree Account
The client was a longtime Colgate-Palmolive employee who lost dividends and paid $375,000 in markups and other fees.
Groups Appeal DOL Fiduciary Case in Texas
Five national co-plaintiffs and four groups in Lone Star State file to appeal Judge Lynn's decision to uphold the fiduciary rule.
BD Must Repay Tribe $3.4M, Pay $750K FINRA Fine
An advisor that sold $190 million in nontraded REITs and BDCs has yet to resolve charges with the regulator.
FINRA Panel Says UBS Must Pay $9M to Puerto Rican Muni Investor
The arbitration ruling comes just one month after an $18 million ruling, with more decisions expected.
LPL Fined $900K Over Failure to Send 1.6M Notices to Clients
The information should have been sent to investors whose accounts were tied to suitability notices over a seven-year period.