FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ex-Merrill Rep Suspended, Fined After Firing Over False Statements
By Melanie WaddellMark S. Sorrell, who was dismissed by Merrill in 2024, knew a client lacked sufficient funds to buy a home.
March 31, 2026
FINRA Ousts Ex-Raymond James Broker Fired Over Handling of Wife's IRAWilliam Steven Cooke's wife alleged he made unauthorized trades and signed her name to move cash.
March 30, 2026
Suspended Broker Who Pretended to Be Trading Whiz Pleads Guilty to FraudKenneth Thom, who promoted himself on social media as "K Money," faces up to five years in prison.
March 27, 2026
Morgan Stanley Gets FINRA Waiver From Disqualification After $15M SEC SettlementThe regulator approved the firm's request to remain an industry member; LPL received a waiver in January.
March 26, 2026
BD to Pay $600K Over Unapproved MessagingBTGI failed to reasonably supervise employees' use of unapproved communications platforms for business purposes, FINRA states.
March 25, 2026
Court Refuses to Vacate $133M Arbitration Award Against StifelThe FINRA award was tied to former financial advisor Chuck Roberts.
March 23, 2026
10 Client Statements That Should Trigger Alarm BellsNot everyone you meet in HNW circles is squeaky clean.
March 18, 2026
FINRA Bars Rep for Cheating on SIE ExamThe rep looked at photos of study materials for the entry-level test on his phone, the regulator found.