FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Levies $5 Million Fine Against SunTrust Affiliates
By John SullivanThe Financial Industry Regulatory Authority FINRA fined SunTrust Robinson Humphrey and SunTrust Investment Services Tuesday for violations related to the sale of auction rate securities (ARS).
July 18, 2011
FINRA’s Suspension of Advisor for ‘Unbalanced’ Tweets Offers WarningIn a case that speaks to the limits put on social media, FINRA suspended the founder of Titan Securities for using Twitter to make "overwhelmingly positive" predictions about one of her own stock holdings.
July 15, 2011
Confusion About New FINRA Rule Requiring Back-Office Staff Exams—Compliance WatchTwo areas of uncertainty remain for BDs regarding FINRA's new rule requiring operations personnel to take a FINRA exam: which personnel must take the exam and which exam they will take.
July 01, 2011
FINRA Fines Merrill, Credit SuisseThe Financial Industry Regulatory Authority said recently that it fined Credit Suisse Securities (USA) LLC $4.5 million and Bank of America’s Merrill…
July 01, 2011
If You Want Something Done RightIt’s beginning to look like the only way Dodd-Frank reregulation is going to turn out well is if RIAs form their own SRO, such as Mercer Bullard's SROIIA.
July 01, 2011
From FINRA Case, a Cautionary Tale on Immediate Annuities—Compliance WatchA FINRA arbitration panel recently decided in favor of a broker against his former BD in a dispute over a U4 involving an examination over advertisements for a fixed annuity product.
June 30, 2011
Madoff Scandal Changes FINRA Exam ProcessThe Financial Industry Regulatory Authority is responding to the criticism prompted by the Bernard Madoff scandal by intensifying its exam process.
June 30, 2011
Madoff Scandal Changes FINRA Exam ProcessThe Financial Industry Regulatory Authority is responding to the criticism prompted by the Bernard Madoff scandal by intensifying its exam process.