FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Looks to Hold More Exams, Arb Hearings Virtually
By Melanie WaddellThe regulator says it will probably take a more "risk-based approach" in deciding whether to conduct an exam on-site.
November 11, 2021
FINRA's New Fingerprint Process Starts Dec. 6BDs and funding portals must send fingerprints to FINRA's designated fingerprint provider, Sterling.
November 10, 2021
Love or Hate Social Media, Advisors Need to Be CompliantThe "Roaring Kitty" debacle highlights the dangers firms run into when they have lax controls on new marketing tools.
November 09, 2021
FINRA Fines Aegis Capital Over Unsuitable TradesNearly 70 customers' accounts were potentially excessively and unsuitably traded by the firm's reps, according to FINRA.
November 09, 2021
FINRA Bars Broker Accused of Trading in Dead Client's AccountThe broker, formerly affiliated with SagePoint and Cambridge, was accused of excessive unauthorized trading and forgery.
November 05, 2021
Reg BI Report Zooms in on BDs' Lack of ComplianceA NASAA report finds 65% of firms aren't discussing lower-cost or lower-risk products with clients when recommending these product types.
November 04, 2021
Ex-Wells Fargo Broker Barred by FINRA Over Ponzi SchemeThe former broker and Wells Fargo were among those named in a complaint last year by disgruntled investor.
November 04, 2021
Ex-Broker Used Client Funds to Pay Taxes, Buy Race Car Items: DOJA federal grand jury returned a seven-count indictment charging the former broker with fraud.