FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC, FINRA Enforcement Roundup: City in California Charged With Fraud
By Marlene Y. SatterAmong recent enforcement actions, the SEC went after the city of Victorville, Calif., for defrauding municipal bond investors. In addition, FINRA took action against John Thomas Financial for intimidation of its own staff.
April 30, 2013
FPA makes two big pushes in WashingtonThe FPA is well under way in putting its advocacy infrastructure in place, says FPA President Michael Branham.
April 30, 2013
Sen. Franken Urges SEC to Ban ‘Unfair’ Arbitration AgreementsSen. Al Franken, D-Minn., told SEC Chairwoman Mary Jo White in a Tuesday letter to act now to prevent Wall Street brokerage firms from forcing investors into unfair arbitration agreements.
April 26, 2013
FPA Makes Two Big Pushes in WashingtonThe FPA is well under way in putting its advocacy infrastructure in place, FPA President Michael Branham told AdvisorOne in an interview Thursday.
April 15, 2013
FINRA Charges John Thomas Financial, CEO in Penny Stock ScamCEO Anastasios "Tommy" Belesis appeared in the film Wall Street 2: Money Never Sleeps.
April 12, 2013
Firm Accused of Bilking NFL, NBA PlayersFINRA said Thursday that it had levied a temporary cease-and-desist order against Success Trade Securities and its CEO for fraud involving 58 investors, many of them current or former NFL and NBA players.
April 09, 2013
FINRA’s Ketchum: Complex Products Still Need ‘Heightened Supervision’During the SEC's National Compliance Outreach Program for Broker-Dealers, Ketchum pointed to three areas that FINRA was focusing on.
April 05, 2013
Compliance Officers Behaving BadlyThe law firm Sutherland found a bevy of violations during its annual look at SEC and FINRA disciplinary actions on chief compliance officers and in-house counsel for BDs and advisory firms.