FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Launches Reg BI Webpage, Plans Workshops
By Melanie WaddellThe BD regulator is also urging broker-dealers to submit questions to the SEC about Reg BI and Form CRS.
July 29, 2019
CFP Board Website Omits Complaints, Reg and Criminal History: ReportReacting to the Wall Street Journal's analysis, the organization says it is "addressing issues" raised in the report but disputes some conclusions.
July 29, 2019
FINRA Fines Citigroup for Inadequate Background ChecksThe firm failed to conduct proper checks on 10,400 non-registered persons and failed to fingerprint 520 of them, FINRA says.
July 24, 2019
Industry Groups Push Indie Candidate for FINRA BoardFSI and the Bank Insurance & Securities Association are both supporting ProEquities President and CEO Chris Flint.
July 17, 2019
FINRA Settles With 56 BDs, Gets $89M in Restitution Under Mutual Fund Fee InitiativeThe multi-year effort's goal was obtaining "restitution for mutual fund investors who were not afforded the sales charge waivers they were entitled to," FINRA said.
July 16, 2019
FINRA Hits Woodbury With Fine Over Annuity-Related FailuresFirm's weak system for dealing with additions to existing VAs affected more than 3,800 transactions, FINRA says.
July 12, 2019
Cetera BD to Drop FINRA RegistrationSummit Brokerage, with about 450 advisors and $17.5 billion in assets, should soon become part of Cetera Advisor Networks.
July 11, 2019
FINRA Clarifies What 'Extraordinary Cooperation' Really MeansNew guidance tells firms how they can reduce penalties by going beyond the basic requirements when being investigated.