FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-Prudential Broker Who Forged Clients' Signatures
By Jeff BermanThe ex-rep also created email accounts for two clients and submitted annuity applications without their knowledge, according to FINRA.
September 18, 2020
FINRA Advances Rules on Senior Exploitation, E-SignaturesFINRA plans to publish a Regulatory Notice seeking comment on amendments to its senior exploitation rule.
September 15, 2020
Cheating on Exams Will Get You Barred, FINRA WarnsFINRA plans to issue a reg notice seeking comment on a "new expedited proceeding" rule for reps and nonreps who cheat on exams.
September 15, 2020
Ex-JPMorgan Rep Traded $314K of Senior's Funds Without Authorization: FINRAThe firm terminated the rep for the unauthorized client trading, and FINRA has now fined her.
September 11, 2020
Older Investors Prone to Financial Overconfidence, Risk-Taking: FINRAFinancial knowledge is lower among older investors but financial confidence isn't, a FINRA Foundation study finds.
September 11, 2020
Wells Fargo Says Reps Can Be Wined and Dined for Remote MeetingsUnlike another wirehouse, the bank allows advisors to consume meals and drinks provided by vendors for virtual gatherings.
September 10, 2020
FINRA Fines Former LPL, Woodbury Rep Who Accepted Client's GiftsThe broker, now suspended for four months, inherited over $715,000 after her "second cousin once removed" died, the regulatory group says.
September 09, 2020
Former Compliance Chief to Pay $65K Over Broker's Leveraged ETF TradesThe CCO "enabled" a broker's unauthorized trades that lost $1 million of client money, the SEC said.