FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
The Mysterious Case of the Unpaid Arbitration Awards
By Bob ClarkToo many investors win securities arbitration awards and never see a penny, Bob Clark writes.
March 25, 2016
FINRA Enforcement: CEO Used Company Money to Buy His Relatives’ ArtworkIn another action, FINRA fined Ameriprise for failing to send account records to some customers.
March 16, 2016
FINRA Fines Raymond James for Violating Customer PrivacyThe broker-dealer will pay $500,000 over the use of client data by its transition staff.
March 03, 2016
FINRA Mulls Crackdown on Arb Award DeadbeatsFINRA members "are barred" if they dont pay, Ketchum told a Senate panel. However, if firms go broke or leave FINRA, the regulator loses jurisdiction.
March 02, 2016
If Broker Arbitration Is Good for Investors, Why Is It Mandatory?FINRA and its member broker-dealers inherently have a massive PR problemone that isnt going to go away with some lipstick and a bit of makeup.
February 26, 2016
Enforcement: FINRA Bars Broker for Market ManipulationMeanwhile, SEC, DOJ and Dutch authorities ordered telecom provider VimpelCom to pay more than $795 million over allegations it bribed an Uzbek official.
February 26, 2016
Beyond Mandatory Arb: 4 Options for Advisor-Client Dispute ResolutionWhen crafting investment advisory contracts, consider other dispute resolution mechanisms that may be a more attractive dispute alternative for firms and their clients.
February 26, 2016
FINRA’s 5 Biggest Fine Categories in 2015Suitability cases "came back in a big way" in 2015, the law firm Sutherland Asbill & Brennan reported.