FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
CFP Board Disciplinary Roundup: 2015
By Marlene Y. SatterIn one action, the CFP Board suspended an advisor barred by FINRA for converting funds from a customers estate and trust.
December 30, 2015
Calls to FINRA Senior Helpline Uncover Emerging ScamsThe helpline has aided FINRA in identifying new scams, including tax fraud, bogus lottery winnings and binary options.
December 29, 2015
FINRA Fines Barclays Nearly $14M Over Mutual Fund FailuresBarclays Capital was charged with suitability violations, including 'switching' and breakpoint discount violations.
December 23, 2015
Merrill Paid $4M in Settlements Tied to Barred BrokerA 34-year industry veteran, Thomas Buck led a team including his two daughters, one of whom is also an Indianapolis Colts cheerleader.
December 21, 2015
FINRA Hits Cantor With $7.3M Sanction Over Microcap SalesThe regulator also suspends and fines both an executive and a trader for their behavior.
December 18, 2015
FINRA Fines Fidelity Over Fake Broker Who Scammed SeniorsFidelity failed to stop a woman posing as a Fidelity broker from stealing more than $1 million from nine customers, FINRA says.
December 16, 2015
FINRA Broker Arbitration Task Force Suggests 51 ChangesThe panel's biggest conclusion: Arbitrators should be paid more.
December 11, 2015
SEC, FINRA Enforcement: Lawyers Acted as Brokers in Immigration ScamMeanwhile, FINRA slapped UBS for misrepresenting more than $1 million in muni bond interest paid to clients as tax-exempt.