FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA to Increase Number of Public Arbitrators
By Melanie WaddellThe SEC has approved a FINRA rule to increase the number of arbitrators on the public arbitrator list from 10 to 15.
November 18, 2016
FINRA Sanctions Oppenheimer & Co. $3.4 Million: EnforcementIn other enforcement news, SEC charges a renewable energy company, CEO and others with defrauding investors.
November 11, 2016
The Chilling Effect of an Over-Zealous FINRA's GibbetingAs FINRA puts the regulatory thumbscrews on broker-dealers, stepped-up policing trickles down to the advisor level. It's not a good development.
November 11, 2016
JPMorgan Vice Chairman Joins FINRA’s BoardStephen Cutler, also a former SEC enforcement director, was named to be a new Large-Firm Governor.
November 10, 2016
Morgan’s Mandatory Arb Program ‘Stinks to High Holy Hell,’ Lawyer SaysThe companys controversial CARE program, which keeps employee disputes out of court, has created a big headache for FINRA.
November 07, 2016
FINRA levies $6.2 million in variable annuity L-share finesThe Financial Industry Regulatory Authority said the companies lacked an adequate system to supervise variable annuities with multiple share classes.
November 04, 2016
FINRA Reviews Cross-Selling by 207 Ex-Advisors at Wells FargoAs senators press for action, the regulatory group says it is checking documents tied to firing or discharge of bank employees.
November 03, 2016
Senators Challenge Wells Fargo Over Fired EmployeesFINRA records show that some bank staff were let go as early as 2011, raising more questions about its response to the fraud.