FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Firm Hit With Reg BI Fine Over Private Placements
By Melanie WaddellFINRA fined Cova Capital Partners for recommending three private placements that weren't suitable for some investors.
February 07, 2025
FINRA Suspends Rep Over Excessive Trades in Senior Client's AccountJustin Deiter violated Regulation Best Interest, FINRA says.
February 04, 2025
Apex Clearing to Pay $3.2M Over Securities Lending Program"Customers were exposed to risks but did not receive any of the borrowing fee," FINRA says.
January 31, 2025
Investors Hit Fidelity With FINRA Claim Over Advisor Accused of Losing $11MFidelity missed red flags when an advisor made risky trades on its platform, according to an arbitration claim.
January 30, 2025
FINRA Fines, Suspends Another NY Broker Accused of CE CheatingThe broker is among dozens who've been disciplined over findings that someone else completed their continuing education requirements.
January 28, 2025
FINRA Beefs Up Its RILA AdviceRegulators want representatives to think about a client's age when recommending transactions.
January 16, 2025
Rep Violated Reg BI With Excessive Trading in Older Clients' Accounts: FINRAThe rep was suspended and ordered to pay more than $27,000 in restitution.
January 09, 2025
Fidelity Fined $600K Over Employee Who Raided Stock-Plan AccountsThe firm failed to detect an associated person's conversion of $750,000 over eight years, FINRA said.