FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC, FINRA Enforcement Roundup: Hedge Fund Analyst, 2 Friends Charged With Insider Trading
By Marlene Y. SatterAmong other recent actions were sanctions and fines for HSBC and Scottrade.
March 14, 2013
FINRA Fines Jump in Suitability, Due DiligenceFines issued by FINRA last year totaled $78.2 million, a 15% jump from the $68 million levied in 2011, according to the law firm Sutherland Asbill & Brennan.
March 07, 2013
SEC, FINRA Enforcement Roundup: 31 NFL Players Bilked by Broker’s Casino DealFINRA and the SEC recently acted on issues that included the fleecing of 31 NFL players via high-risk casino securities and a rep who conducted a Ponzi scheme under his firms nose.
March 06, 2013
FINRA’s Proposed Broker Recruitment Bonus Rule Makes Strange BedfellowsSIFMA and NAIFAs comment letters on FINRAs proposed rule on disclosing bonuses paid to brokers to switch BDs agree with me. Now Im worried.
March 06, 2013
FINRA’s Broker Bonus Rule Seen as ‘Done Deal’ With SIFMA OKSecurities lawyer Patrick Burns told AdvisorOne that with SIFMA's support, the proposals chances of becoming a new rule seem to be a done deal.
March 05, 2013
The Client Newsletter: Canned or Customized?The client newsletter costs money and time to produce, but fail to put it out and you have dispensed with a valuable communication tool.
March 05, 2013
NASAA to Push SEC User Fees, ‘Stay On Guard’ Against FINRA SROChief among state securities regulators legislative agenda this year will be pushing SEC user fees, not a FINRA SRO, to better regulate advisors, NASAA President Heath Abshure said Tuesday.
March 04, 2013
FINRA fines Ameriprise $750,000The fine relates to a prior enforcement action FINRA levied against a former Ameriprise registered representative.