FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Morgan Stanley, Scottrade Fined by FINRA for Failing to Detect Fraudulent Wire Transfers
By Melanie WaddellThe firms were alerted to gaps in their systems but went years without correcting them, FINRA says.
May 29, 2015
SEC, FINRA Enforcement: Compliance Director Charged With Bilking ClientsThe SEC also charged a New York securities lawyer with running pump-and-dump schemes out of his office.
May 29, 2015
FINRA Floats ‘Watered Down’ BrokerCheck, Broker Bonus RulesThe new broker bonus plan runs counter to the current industry debate over a common fiduciary standard, which brokerage firms largely favor, lawyer Patrick Burns says.
May 28, 2015
Talk of FINRA as Advisor SRO Rears Its Head AgainA Republican on the House Financial Services Committee said at FINRA's annual conference that he would "explore" legislation to give FINRA advisor exam authority.
May 13, 2015
Morgan Stanley Fined $2 Million Over Short-Sale ReportingBillions of shares in positions weren't fully disclosed over a six-year period, according to FINRA.
May 12, 2015
FINRA Doubles Length of Suitability Suspensions, Toughens Fraud SanctionsFINRA says it will be tougher on those committing fraud or making unsuitable recommendations and will increase suspensions for breaking suitability rules.
May 12, 2015
FINRA Arb Panel Grants $500K to Ex-Morgan Stanley RepThe advisor, now with FiNet, said the firm had pushed him out and tainted his reputation.
May 08, 2015
SEC, FINRA Enforcement: Former Wilmington Trust Officers Charged With FraudMeanwhile, FINRA censured, fined First New York Securities for inadequate insider trading procedures