FINRA Suspends Ex-Rep Over Reg BI Violations
By Melanie WaddellThree clients experienced excessive and unsuitable trades that were not in their best interest, FINRA said.
February 16, 2024
TIAA to Pay $2.2M for Reg BI Violations in IRA ProgramThe firm didn't disclose that core funds were more cheaply available in the IRAs' brokerage window, regulators say.
February 09, 2024
These Controversial SEC Rules Are Likely to Get Passed This YearThe regulator adopted 24 rules in 2023 and is pressing on at a pace that's causing concern.
February 06, 2024
More Reg BI Actions on The Way: FINRA Enforcement ChiefFINRA is also looking to improve communication and resolve cases faster, Bill St. Louis says.
January 22, 2024
FINRA Suspends Broker Over Reg BI ViolationsThe broker engaged in quantitatively unsuitable trading in the accounts of eight clients, three of whom were seniors.
December 11, 2023
FINRA Releases Reg BI NoticeThe notice points broker-dealers to various SEC resources to help them comply with the best-interest rules.
November 29, 2023
FINRA Bars Broker Over Reg BI ViolationsThe broker's excessive trading caused clients to lose over $2.3 million, FINRA said.
November 20, 2023
SEC Fines Two Brokers for Reg BI ViolationsThe brokers used "frequent in-and-out trades," the regulator said.