FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC, FINRA Enforcement: Swiss-Based Firm Bilks U.S. Investors of $11M
By Marlene Y. SatterMeanwhile, FINRA fined Deutsche Bank Securities for deficiencies in its lending program while Argentus Securities was censured and fined on AML failures.
December 06, 2013
SEC, FINRA Enforcement: UBS, Merrill Fined for Disclosure FailuresMeanwhile, FINRA slapped J.P. Turner for unsuitable ETF sales, and the SEC charged a Miami trader with shorting a Chinese company ahead of its offering.
December 04, 2013
FINRA bars two brokers for theft from an elderThe agency says the brokers stole $300,000 from a senior with diminished mental capacity."
December 03, 2013
FINRA Bars Brokers for Fleecing Elderly WidowThe two brokers took $300,000 from a widow with diminished mental capacity, FINRA said.
November 12, 2013
FINRA Expands BrokerCheckInvestors can now search both the BrokerCheck and IARD record of any securities professional or firm directly on the FINRA home page.
November 06, 2013
FINRA Fines TD Ameritrade Clearing $1.2M for Options Trading ViolationsTimely and complete information "about large options positions is necessary to conduct market surveillance and to protect the integrity of the marketplace," FINRA says.
October 31, 2013
SEC, DOL, FINRA Enforcement: SAC Capital Could Plead GuiltyAmong other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.
October 28, 2013
‘Alarming’ Number of Broker Arbitration Records Wiped Clean: StudyA study of more than 1,600 arbitration cases over the past five years shows an alarmingly high rate of brokers who were able to get their arbitration histories wiped clean, according to a report released in mid-October by the Public Investors Arbitration Bar Association (PIABA).