FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Plays ‘Gotcha’ With Brokers, Short-Changes Investors: Hester Peirce
By Jane Wollman RusoffThe former nominee for SEC commissioner tells ThinkAdvisor why the SEC is a better regulator than FINRA and what's wrong with Dodd-Frank.
March 01, 2017
FINRA Bars Rep for $15M of ‘Unsuitable Trades’ in Retiree AccountThe client was a longtime Colgate-Palmolive employee who lost dividends and paid $375,000 in markups and other fees.
February 27, 2017
FINRA Launches New TRACE Data Product for AcademicsThe Academic Corporate Bond TRACE Data product is an enhanced version of historical TRACE data that includes masked dealer identities.
February 22, 2017
BD Must Repay Tribe $3.4M, Pay $750K FINRA FineAn advisor that sold $190 million in nontraded REITs and BDCs has yet to resolve charges with the regulator.
February 15, 2017
LPL Fined $900K Over Failure to Send 1.6M Notices to ClientsThe information should have been sent to investors whose accounts were tied to suitability notices over a seven-year period.
February 14, 2017
Texas Securities Firm Expelled, Fined $24.6M Over Fraudulent Energy Deals'Wildcat and other investments reaped Red River and its CEO some $3.6 million, but investors lost most of their money.
February 13, 2017
FINRA Mulls Allowing Performance Projections for Investing StrategiesAn amendment now out for comment would let firms illustrate the projected performance of a strategy or allocation but not an individual security.
February 08, 2017
FINRA Issues Status Report on Arb Task Force SuggestionsFINRA has taken action on 35 of 51 recommendations made in the Dispute Resolution Task Forces final report.