FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
MetLife says Finra staff recommends ‘significant fine’ of broker
By Katherine ChiglinskyThe probe focuses on potential violations regarding alleged misrepresentations, suitability, and supervision in connection with sales and replacements of variable annuities and certain riders on such annuities.
October 30, 2015
FINRA CEO Richard Ketchum to Retire in 2016Ketchum's announcement comes as a new fiduciary proposal and crowdfunding rules are in the spotlight.
October 23, 2015
FINRA Enforcement: Barclays Fined $800,000 Over Reporting FailuresMeanwhile, First Southwest Co. was censured, fined for failing to deliver timely ETF prospectuses.
October 20, 2015
Cetera, Commonwealth Among 12 Firms to Pay FINRA $6.6M Over UIT Sales Charges"Firms need to ensure that their registered representatives are providing customers the sales charge discounts to which they are entitled," says FINRA enforcement chief Bennett.
October 15, 2015
FINRA’s Ketchum: 3 Top Exam Priorities for 2016Every year in Q1, FINRA publishes a letter about its regulatory and exam priorities. On Thursday, CEO Richard Ketchum offered a preview for 2016.
October 15, 2015
FINRA Proposes Rule for BDs to Help Stop Elder FraudBDs would be required to obtain a trusted contact for an elderly customers account; empowered to put holds on fraudulent-looking transactions.
October 13, 2015
FINRA Slams Santander Securities Over Puerto Rican Muni Bond SalesFirm must pay more than $4 million in restitution, and was censured and fined $2 million.
October 12, 2015
SEC OKs FINRA BrokerCheck Link RuleBDs will now have to include a "readily apparent reference and hyperlink" to BrokerCheck on their websites.