FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Fines Citigroup Global Markets $725,000
By Marlene Y. SatterFINRA announced Wednesday that it has fined Citigroup Global Markets $725,000 for failure to disclose conflicts of interest in its research reports and research analysts' public appearances.
December 28, 2011
FINRA Fines Credit Suisse $1.75 MillionFINRA announced Tuesday that it has fined Credit Suisse Securities $1.75 million for violating Regulation SHO and failing to properly supervise short sales of securities and marking of sale orders.
December 23, 2011
FINRA Fines Barclays Capital on SubprimesFINRA has fined Barclays Capital $3 million for misrepresenting delinquency data and for inadequate supervision in connection with the issuance of RMBS.
December 08, 2011
MF Global’s Corzine Tells Congress: I Don’t Know Where the Money IsIn a halting and nearly hoarse delivery, an apparently humbled Jon Corzine, the former chairman and CEO of the now bankrupt MF Global, testified Thursday before the House Agriculture Committee.
December 08, 2011
MF Global’s Corzine Tells Congress: I Don’t Know Where the Money IsThe former CEO of now-bankrupt MF Global says he was stunned' to learn about the missing $1.5 billion in client funds at commodities broker-dealer.
November 22, 2011
FINRA Fines Wells Investment Securities Over ‘Misleading’ REIT MaterialsFINRA fines Wells Investment Securities $300,000 over non-traded timberland REIT advertising and sales materials which contained 'misleading, unwarranted and exaggerated statements.'
November 09, 2011
FINRA Gave Corzine Waiver to Run MF GlobalWhen Jon Corzine returned to the securities business to run MF Global, he did so without requalifying or registering, as required by FINRA, because the agency gave him a waiver.
November 08, 2011
Regulators' Document Mishaps Irk Wall Street (Reuters)In the last month, Wall Street's top regulators became subject to the same kind of scrutiny they regularly dish out to securities firms.