FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ethics update: Don't take shortcuts to credibility
By National Ethics BureauFINRA is once again warning advisors with securities licenses that using ghostwritten communication materials may violate NASD Rule 2210.
May 27, 2010
FINRA Head Calls For Scrutiny Of "Wealth Event" SalesFinancial services company supervisors should look carefully at sales involving money that came from an inheritance or a retirement plan cashout, according Financial Industry Regulatory Authority Chairman Richard Ketchum.
May 27, 2010
FINRA proposes new rules for advisors' "back office" staffProposes a new examination requirement that tests support staffs general knowledge and understanding of financial responsibilities.
May 27, 2010
FINRA Fines Citigroup for Supervisory Violations in Misappropriation SchemeCitigroup Global Markets Inc. will pay $1.5 million for supervisory violations relating to its handling of trust funds belonging to cemeteries in Michigan and Tennessee, according to a May 27 announcement by FINRA.
May 27, 2010
FINRA Sanctions Citigroup for Supervisory Violations in Misappropriation SchemeMillions were stolen from trusts of cemeteries in Michigan and Tennessee.
May 26, 2010
FINRA Fines Piper Jaffray $700,000 for E-mail InfractionsThe Financial Industry Regulatory Authority (FINRA) recently fined Piper Jaffray & Co. $700,000 for violations related to its failure to retain approximately 4.3 million e-mail messages.
May 26, 2010
FINRA Head Calls For Scrutiny Of "Wealth Event" SalesFinancial services company supervisors should look carefully at sales involving money that came from an inheritance or a retirement plan cashout, according Financial Industry Regulatory Authority Chairman Richard Ketchum.
May 03, 2010
How to comply in a virtual worldHow can you steer clear of a PR nightmare waiting to happen?