FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Penalizes Merrill $2.4M Over Pricing of GM Notes
By Janet LevauxThe fine and restitution are tied to markdowns of more than 10% paid to several hundred clients over two years.
December 09, 2014
BDs’ Comments Lead FINRA to Update Communication, Gift RulesBDs request further guidance, updates on the two rules; FINRA's retrospective review process is ongoing.
December 02, 2014
FINRA Responds to SIFMA's Latest Critiques of Proposed Data SystemIndustry trade groups raise fresh concerns with latest plan to collect broker-dealer account data through Comprehensive Automated Risk Data System.
November 26, 2014
Merrill Grabs 6 Reps From Morgan Stanley, OthersThe recruited reps have about $710 million in assets and $5 million in production.
November 24, 2014
FINRA FinesFines imposed by the Financial Industry Regulatory Authority in 2014 are poised to far outpace those reported by the regulator in 2013, according to an analysis released Aug. 1 by the law firm Sutherland Asbill & Brennan.
November 24, 2014
Citigroup to Pay $15M FINRA Fine Over Research LeaksAnalysts' violations included illicitly helping issuers prep for road shows and hosting "idea dinners" discussing stock picks with certain clients.
November 20, 2014
SEC Fines Wedbush $2.4M in Market Access Case; FINRA Complaint on DeckLos Angeles-based Wedbush Securities and two top officials agreed to settle a pending SEC case for market access violations.
November 19, 2014
Ex-Schwab Rep Barred for Stealing, Reselling $1M in Office EquipmentThe former broker faces other charges tied to drug dealing and illegal use of a communications device in Florida, FINRA says.