FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Rule 2111: The Broker-Dealer View
By Maria WoodCommonwealths Paul Tolley talks about the challenges of implementing FINRAs new suitability rule on the selling of securities like variable annuities.
July 02, 2012
New FINRA Suitability Rule to Take Effect July 9More client information is required and investment strategy recommendations are covered under the new rule.
June 27, 2012
FINRA and SEC Warn About Annuity RisksFINRA is looking closely at disclosure, suitability and yield-chasing practices associated with VAs.
June 26, 2012
The Heat Rises on FINRA as Advisor SROJust as a government watchdog is pressuring the Securities and Exchange Commission (SEC) to beef up its oversight of the Financial Industry Regulatory Authority (FINRA), Congress is mulling whether to give FINRA the power to oversee advisors.
June 26, 2012
FINRA and SEC Warn About Annuity RisksFINRA is looking closely at disclosure, suitability and yield-chasing practices associated with VAs.
June 21, 2012
Merrill Overcharged Clients $32M in Fees, FINRA SaysThe overcharges in fees affected 95,000 accounts over an eight-year period, making it a significant supervisory issue, experts say.
June 12, 2012
Boomerang: Will FINRA Oversight Force RIAs to the Next Level?Mark Hurley's prediction that the RIA community will consolidate into 40 to 50 mega-firms may be effected by FINRA taking oversight of advisors. Maybe that's not a bad thing?
June 06, 2012
Are Ketchum’s Arguments for SRO the Best FINRA Can Come Up With?My response to reading the FINRA chiefs testimony before Congress on advisor SRO: Really, dude?