FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Reminds BDs of Arbitration Rights for Clients, Reps
By Melanie WaddellThe self-regulator puts firms on notice that customers and reps can't be forced to waive their FINRA arbitration rights.
July 15, 2016
Enforcement: Citigroup Fined $7M Over Incomplete Blue SheetsIn another action, Goldman Sachs was censured by FINRA and fined in two separate cases.
July 08, 2016
FINRA Enforcement: RBC Failed to Report Reps' Wage GarnishmentsMeanwhile, New York-based Jefferies was censured and fined on TRACE execution time reporting failures.
July 01, 2016
FINRA Execs Continue to Earn Big BucksIncoming FINRA CEO Robert Cook, from law firm Cleary Gottlieb, won't take as drastic a pay cut as a transition to public service often entails.
June 30, 2016
FINRA Posts Loss for 2015 as Costs Rise, Fines Drop 30%Revenue from fines weakened to $93.8 million, while costs grew to over $1 billion on technology projects.
June 29, 2016
FINRA Fines Deutsche Bank $6M for Bad, Late Trading DataThe failures in the firm's blue sheet data systems involved over 1 million trades from 2008 to 2015.
June 16, 2016
Advisors, Do You Have a Dementia Escalation Plan?As the base of clients advisors serve gets older, they may well find themselves with a client who exhibits signs of diminished capacity.
June 13, 2016
Robert Cook, Former SEC Exec, Named New FINRA ChiefRobert Cook, who served as head of SEC Division of Trading & Markets, replaces Richard Ketchum.