FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Nails Cetera, Voya & 6 Others Over VA Sales
By Melanie WaddellFirms hit with $6.2M in fines for supervisory failures related to variable annuity L-shares.
October 20, 2016
Senior Safe Act Could Be Signed Into Law by Year-EndSenior financial abuse will only continue to grow as the senior population increases by 10,000 people per day through 2030, says SIFMA's Hammerman.
October 19, 2016
FINRA Close to Filing Fraud Rule for ‘Vulnerable’ InvestorsFINRA senior helpline has received 6,700 calls to date. Top call queries: education, variable annuities, BrokerCheck.
October 17, 2016
SEC Launches New FINRA Inspection TeamFINRA and Securities Industry Oversight group, headed by Kevin Goodman, chief of the agencys BD exam program, is now up and running, says SEC.
October 14, 2016
Enforcement: Firm Fined in ‘Fantasy Sports for Stocks’ Cellphone GameIn another action, Artis Capital Management and a senior research analyst settled SEC charges for failing to detect insider trading by an employee.
October 07, 2016
FINRA’s Top 5 Fine Categories in Potentially Record-Setting YearFINRAs 2016 fines are on pace to shatter the record-setting 2014 fine levels, driven by a sharp increase in supersized fines.
September 30, 2016
Ex-Broker Must Pay $600K for ‘Siphoning Money’ From Older Couple: FINRAJerome Krause fraudulently borrowed money from his clients when he was working for First Heartland Capital, FINRA said.
September 21, 2016
FINRA Fines, Suspends Avenir Financial Group, Bars Former CEOFINRA fined Avenir $229,000 and took action against its former CEO for misconduct including fraudulent sales.