FINRA ‘Aggressively’ Seeking BD Feedback on CARDS: Ketchum
CEO Richard Ketchum defended the controversial automated data-collection system as an important investor protection tool but stressed that FINRA wanted to get it right.
SEC’s Gallagher: Fiduciary Debate Biased Against Brokers
The debate is “not fair right now” because there is much more exam data on brokers than on advisors, SEC Commissioner Daniel Gallagher told ThinkAdvisor.
FINRA OKs Broad Expansion of Broker Background Checks
FINRA's board approved amendments to its supervision rule, which must be approved by the SEC.
Ketchum’s Comment on SRO Defeat Isn’t the Final Word, Watchers Say
Advocates from fi360 and IAA say FINRA is merely biding time for a more agreeable Congress before another attempt to gain control over advisor regulation.
FINRA OKs Plans on BrokerCheck Link, Expungement and Arbitrator Definition
FINRA's board on Thursday approved three rule proposals — including one to limit how many investor complaints a broker can have expunged from BrokerCheck.
FINRA’s Hot-Button Exam Issues for 2014
In its annual list of hot exam items, FINRA warned broker-dealers that it would be zeroing in on a host of areas this year.
IRA Rollovers Among Hot Areas for FINRA Scrutiny in 2014
FINRA issued a letter Thursday detailing its top exam priorities for brokers this year.
Senators Prod FINRA for Broker Arb Expungement Data
FINRA CEO Richard Ketchum has until Jan. 6 to tell senators how FINRA plans to address findings that it granted nearly all expungement requests.
FINRA Creates Investor Issues Committee
The committee will advise senior FINRA staffers on proposed rulemaking and policy initiatives. Barbara Roper is one member.
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.”