FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Senators raise concerns about advisor oversight
By Arthur D. PostalFINRA says advisors who are dismissed from their jobs over misconduct allegations easily find fresh employment, and are likely to be repeat offenders.
May 03, 2016
MetLife fined millions for annuity salesFINRA has fined MetLife Securities, Inc. $25 million for wrongdoing related to some replacement variable annuity sales.
May 03, 2016
MetLife Securities to Pay $25M to FINRA Over ‘Negligent’ VA ReplacementsMetLife's misstatements led customers to replace their annuities with products that were more expensive or had fewer features, FINRA says.
May 02, 2016
MetLife faces record FINRA fine for misleading annuity customersThe insurer agreed to pay $25 million, the largest variable annuity penalty set by the Financial Industry Regulatory Authority.
May 02, 2016
FINRA Sends Market Manipulation Report CardsThe regulator also wants to add another member to its disciplinary tribunal, NAC.
April 26, 2016
FINRA Bars Ex-Citigroup Broker for Money Laundering SchemeJames Van Doren accepted $244,000 from a childhood friend in order to hide it from creditors, FINRA says.
April 08, 2016
FINRA Enforcement Chief Warns BDs to Beef Up AML PoliciesThe nature of money laundering schemes is changing, FINRA's Brad Bennett said.
March 30, 2016
CFP Board’s Mandatory Arb Plan: Significantly Better Than FINRA’sThe Board's timing and use of mandatory arbitration as the solution virtually cry out for comparisons to FINRAs controversial arbitration program.