FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Fines Jump in Suitability, Due Diligence
By Melanie WaddellFines 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 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.
March 04, 2013
FINRA fines Ameriprise $750,000The fine relates to a prior enforcement action FINRA levied against a former Ameriprise registered representative.
March 04, 2013
FINRA Slaps Ameriprise for Rep’s Wire Transfer FraudFINRA said Ameriprise and its clearing firm missed several red flags, including transfers to accounts in the broker's name.
February 25, 2013
Ketchum’s Big SRO OmissionRichard Ketchum, CEO of FINRA, omitted a crucial detail in a recent interview he gave.