FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-LPL Rep for Taking $1.7M From Clients
By Melanie WaddellRudy Anguiano transferred funds from two investors' accounts into his own company's bank account, an order states.
September 24, 2026
Vanguard to Pay $950K Over Cost Basis Errors in Client DocsTechnical issues led to errors on millions of statements over more than a decade, FINRA said.
September 23, 2026
Vanguard, Morgan Stanley, Pershing Face Class Action Over Paper Statement FeesThe financial firms were sued in federal court over charging for written records of balances and trades.
September 22, 2026
FINRA Bars Ex-Raymond James Rep Accused of Borrowing From Clients, Taking GiftsJayme Frances Lemaire refused to provide information or documents for an investigation, an order states.
September 22, 2026
FINRA's BrokerCheck Now Links to Derivatives Industry DatabaseThe tool connects to the National Futures Association's Background Affiliation Status Information Center, or BASIC.
September 22, 2026
Osaic to Pay $1.6M Over Unit Investment TrustsAmerican Portfolios, a former unit, failed to supervise recommendations that customers sell before maturity, FINRA states.
September 21, 2026
Schwab Ordered to Pay $4.5M to Retirees Over Complex ProductsThe award, to retired teachers and school board employees, was the biggest ever granted to Schwab customers, a lawyer says.
September 18, 2026
Firms Cheer FINRA's Comms Plan but Call for More AI ClarityFidelity and Schwab were among firms weighing in on how FINRA should regulate AI.