FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC Launches New FINRA Inspection Team
By Melanie WaddellFINRA and Securities Industry Oversight group, headed by Kevin Goodman, chief of the agencys BD exam program, is now up and running, says SEC.
September 30, 2016
Ex-Broker Must Pay $600K for ‘Siphoning Money’ From Older Couple: FINRAJerome Krause fraudulently borrowed money from his clients when he was working for First Heartland Capital, FINRA said.
September 21, 2016
FINRA Fines, Suspends Avenir Financial Group, Bars Former CEOFINRA fined Avenir $229,000 and took action against its former CEO for misconduct including fraudulent sales.
September 19, 2016
FINRA Names 3 New Board MembersTwo new public governors as well as a small firm governor named to FINRAs board.
September 14, 2016
FINRA Fines Ameriprise for Rep Who Stole $370K From His FamilyAmeriprise was fined for allegedly failing to exercise reasonable due diligence in supervising the accounts, the regulator said.
September 09, 2016
Enforcement: SEC Charges Sex Products CEO With Fraud; FINRA Fines Short SellerSEC charged Empowered Products with promotional fraud; FINRA censured and fined Timber Hill for not closing fail-to-deliver positions.
August 29, 2016
Advisor Put Transit Workers on Risky Investment Path, FINRA SaysRetired bus workers lost some $140,000 due to "unsuitable" investments in energy firms and gold, says a FINRA complaint.
August 26, 2016
FINRA Enforcement: RBC Fined Over Arb AgreementIn another action, Oppenheimer & Co. was censured and fined for inaccurately reporting, or failing to report, short positions.