FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-Signator Rep Tied to Woodbridge Ponzi Scheme
By Jeff BermanThe former broker allegedly engaged in more than $1.77 million worth of undisclosed and unapproved transactions.
June 05, 2020
Ex-Cetera Rep's Suspension Is Reminder: Brokers Work for Clients, Not In-LawsFINRA suspends and fines a former broker who moved money based on instructions from a client's son-in-law.
June 04, 2020
Merrill Repaid $7M to Fund Investors for OverchargesThe firm failed to ensure that clients received sales charge and fee waivers they were entitled to, FINRA says.
June 03, 2020
Ex-LPL Rep Suspended Over Unapproved Email AccountsThe former broker said he didn't use the unapproved system to communicate with LPL clients.
May 28, 2020
Stifel to Pay $3.6M Over UIT RolloversThe Stifel news comes five months after Oppenheimer said it would pay $4.7 million for similar issues.
May 28, 2020
FINRA Suspends Ex-Ameriprise Rep for Selling Shares in Friend's Firm to ClientsFormer broker invested about $550,000 of clients' money in his friend's energy firm, regulator says.
May 27, 2020
FINRA Suspends Ex-Wells Fargo Rep Who Borrowed $16K From ClientThe broker then falsely claimed he did not engage in any such arrangement, the regulator says.
May 27, 2020
Regulatory Groups Gear Up Remote Exam RequirementsFINRA reduces mediation fees and enhances action against new wave of scams.