FINRA Bars Ex-Broker for Stealing From Elderly Customer
Ex-Wells Fargo broker Jeffrey McClure was permanently barred from the industry for using nearly $89,000 in an elderly client's blank checks for his own expenses.
Citigroup to Pay $15M FINRA Fine Over Research Leaks
Analysts' violations included illicitly helping issuers prep for road shows and hosting "idea dinners" discussing stock picks with certain clients.
VP in Conflicts Office at J.P. Morgan Securities Barred for Leaking Inside Info
“Gutman had the keys to the kingdom through his position at J.P. Morgan as a gatekeeper with special access to material, nonpublic information,” FINRA says.
FINRA Bars Brokers for Fleecing Elderly Widow
The two brokers took $300,000 from a widow with diminished mental capacity, FINRA said.
FINRA to Sharpen High Risk Broker, BrokerCheck Programs
Sen. Edward Markey told FINRA's Ketchum that expanding the High Risk Broker initiative and establishing a dedicated enforcement team are “important initial steps.”
SEC, FINRA Warn of Email ‘Pump-and-Dump’ Stock Schemes
Latest McAfee Threats Report confirms “a steep rise” in spam email linked to “pump-and-dump” stock schemes designed to trick unsuspecting investors.
FINRA Names Its First EVP of Regulatory Ops
FINRA announced Monday that Susan Axelrod would become executive vice president of regulatory operations, a newly created position.
FINRA Regulatory Head Luparello Leaving to Join D.C. Law Firm
FINRA announced Tuesday that Vice Chairman Stephen Luparello, who has been at FINRA and the NASD for more than 16 years, is leaving to join the WilmerHale law firm in Washington.