FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Barred Broker Gets Over 9 Years in Prison for $100M Ponzi Scheme
By Jeff BermanThe former broker was convicted of bilking more than 40 investors.
April 29, 2022
Ex-Cetera Broker Gets $3M in Damages for Wrongful TerminationIn a FINRA arbitration case, the rep accused the firm of wrongfully terminating him in 2019.
April 29, 2022
FINRA Alerts BDs to Email Phishing ScamsOne phishing campaign is ongoing and another new.
April 29, 2022
Wells Fargo Mistakenly Announces Death of Advisor Who Left Firm"It's good to be alive and I'm very thankful to be with oXYGen Financial," Robert Brian Watson told ThinkAdvisor.
April 20, 2022
FINRA Warns BDs on Alt Fund Sales PracticesFINRA points to enforcement actions it has taken recently against several firms.
April 19, 2022
Ex-Morgan Stanley Rep Ran Multimillion-Dollar Ponzi Scheme, SEC SaysThe ex-broker allegedly blew over $800,000 of clients' funds on luxury cars and his credit card payments.
April 15, 2022
Barred Broker's Probation Revoked After Unauthorized Caribbean TripThe former Raymond James and Alliance Global Partners rep had been charged with defrauding at least 100 clients.
April 14, 2022
FINRA Bars Ex-Edward Jones Rep Who Bought Gold on Behalf of ClientFINRA also suspended another ex-rep of the firm who was terminated over alleged excessive, unreasonable business expenses.