FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Launches Helpline for Seniors
By Melanie Waddell"Older investors are only a phone call away from getting help with questions or concerns they may have regarding their investments," says FINRA's Axelrod.
April 02, 2015
FINRA Bars Rep, BD for Misleading Private Placement InvestorsTony Thompson, who sold tenant-in-common deals from 2008-'12, was found to have misled investors on the financial condition of some investments.
March 31, 2015
FINRA Slaps 3 BDs for Consolidated Reporting FailuresInadequate reporting controls raise risk that "unscrupulous representatives will provide inaccurate and misleading reports to their clients to conceal fraud and theft, says FINRA's Bennett.
March 27, 2015
FINRA Enforcement: Oppenheimer to Pay $3.75M for Failure to Rein In BrokerMeanwhile, FINRA fined Ameriprise Financial over a rep who hid a customer complaint.
March 20, 2015
SEC, FINRA Enforcement: Firm Fined Over Interfund LoansMeanwhile, FINRA censures and fines Thrivent Investment Management for failing to deliver thousands of trade confirmations of mutual fund transactions.
March 17, 2015
New FINRA Broker Bonus Rule Out ‘Fairly Soon’: KetchumThe FINRA CEO also told ThinkAdvisor at a SIFMA conference that "CARDS as it exists now is unlikely to move forward."
March 12, 2015
FINRA Enforcement: I-Bank Hid Client’s Criminal Record From InvestorsMeanwhile, the regulator slapped multimillion-dollar fines on Citigroup Global Markets and Merrill Lynch.
March 05, 2015
Advisor Exam Changes Afoot: IAA’s Chief LobbyistIAA's Neil Simon says exam changes are coming for the same reason the DOL fiduciary rule won't languish at OMB: the political pressure is on.