FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Execs Continue to Earn Big Bucks
By Melanie WaddellIncoming FINRA CEO Robert Cook, from law firm Cleary Gottlieb, won't take as drastic a pay cut as a transition to public service often entails.
June 16, 2016
Advisors, Do You Have a Dementia Escalation Plan?As the base of clients advisors serve gets older, they may well find themselves with a client who exhibits signs of diminished capacity.
June 13, 2016
Robert Cook, Former SEC Exec, Named New FINRA ChiefRobert Cook, who served as head of SEC Division of Trading & Markets, replaces Richard Ketchum.
May 27, 2016
Enforcement: Illinois Mayor Fined for Misusing Hotel BondsThe SEC also froze the assets of a trader who faked filings and then made $425,000.
May 24, 2016
FINRA to Split Series 7 Exam; Readies Elder Fraud RuleThe exam will have two levels, basic and specialized. Also, FINRA wants to let brokers keep their licenses longer if they leave the business.
May 23, 2016
FINRA’s Ketchum Warns on Dangers of Poor Firm CultureThe FINRA CEO also says increased BrokerCheck disclosure rules and new expungement rules could be coming in a month or two.
May 18, 2016
FINRA Fines Raymond James $17M Over ‘Widespread’ AML Failures"Raymond James had significant systemic AML failures over an extended period of time," said FINRA's enforcement chief.
May 13, 2016
Enforcement: Father, Son Paid for Fraud Defense by Bilking Native Americans: SECIn another action, FINRA censured and fined Securities America over note sales without due diligence.