FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA's Members Elect New Governors, Approve Proxy Proposals
By Michael S. FischerMember firms of the Financial Industry Regulatory Authority (FINRA) have elected seven governors, and have supported seven non-binding proxy proposals, the organization announced.
August 01, 2010
The FINRA BlotterThe law firm of Sutherland Asbill & Brennan completed in early July its annual review of disciplinary actions brought by FINRA in 2009. By reviewing...
July 31, 2010
Ethics update: Don't take shortcuts to credibilityFINRA is once again warning advisors with securities licenses that using ghostwritten communication materials may violate NASD Rule 2210.
July 16, 2010
FINRA to Expand BrokerCheck ServiceStarting in August, the FINRA will begin to implement changes to its free, online BrokerCheck service that will significantly expand the amount of publicly available information about current and former securities brokers.
June 15, 2010
FINRA to Assume Oversight of NYSE Euronext MarketsThe Financial Industry Regulatory Authority (FINRA) will assume surveillance and enforcement functions for NYSE Euronext's three U.S. equities and options markets in an agreement announced June 14.
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.