FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Hires Colby as Chief Legal Officer
By Melanie WaddellFINRA announced Monday that it has hired Robert L. D. Colby as its chief legal officer to oversee the corporate and regulatory functions of the Office of General Counsel, along with the Regulatory Policy Group.
April 24, 2012
How to Make Your Voice Heard With Regulators in Your Own BackyardA good way to engage regulators and make a difference is by participating in FINRA District Committees, as FSI member Wilson WIlliams is doing.
April 13, 2012
Bachus to Introduce SRO Redraft Early Next Week: Industry OfficialsHouse Financial Services Chairman Spencer Bachus (left), R-Ala., plans to introduce a redraft of his bill calling for a self-regulatory organization for advisors early next week, according to three top industry officials in Washington.
April 12, 2012
FINRA, SEC Fine Goldman $22M for ‘Trading Huddles’The firm settled over failure to supervise research analysts who met with traders and clients, and to monitor possible subsequent firm and client trading, said FINRA's head of enforcement, Brad Bennett.
April 12, 2012
Bachus to Introduce SRO Redraft Early Next Week: Industry OfficialsRep. Bachus' revised bill comes despite economic analysis saying SRO would cost twice as much as funding the SEC.
April 12, 2012
FINRA Proposes New Way to Expunge Names of Reps in ArbitrationsRegistered reps who are involved, but not named, in customer-initiated arbitration cases may have a new means of clearing those allegations, if proposed new rules go into effect. Comments due May 21.
April 05, 2012
FINRA Panel: David Lerner Associates Sold Marked-Up Munis, CMOsA FINRA hearing panel ruled on Wednesday that Long Island-based David Lerner Associates charged excessive markups on municipal bond and CMO transactions over a two-year period.
March 27, 2012
Advisors Weigh In On Client Advisory BoardsA financial advisors group on LinkedIn.com recently had a lively discussion of client advisory boards, started by an advisor who asked for the opinions of colleagues who had established a board