FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Suspends Ex-Morgan Stanley Rep Who Botched Account Transfer
By Jeff BermanThe broker transferred $1 million without proper authorization, FINRA said.
May 20, 2020
FINRA Legal Chief Clarifies Suitability Rule Status After Reg BIFINRA is also mulling getting rid of manual signatures, Chief Legal Officer Robert Colby says.
May 18, 2020
FINRA Gives Warning on Oil-Linked ETPsThe watchdog said these products should not be sold by or to someone who doesn't understand their inherent risks.
May 14, 2020
FINRA Fines Merrill $150K for Allowing Unregistered Exec to Be PrincipalThe individual was managing firm's prime brokerage business in violation of FINRA rules, the regulator says.
May 13, 2020
FINRA: Fraud Continues to Be Major Challenge During PandemicThe "biggest potential problem" is phishing, risk oversight officer Bill Wollman says.
May 11, 2020
FINRA Announces Delay in Online Test-Taking RegistrationThe broker-dealer regulator said late Sunday that it needs more time to pilot the online test-taking program.
May 08, 2020
FINRA Sees Operating Revenue Flat in 2020FINRA is again projecting that its expenses will exceed operating revenue for the year.
May 08, 2020
FINRA Suspends Ex-LPL Rep Over Risky REIT InvestmentsThe former broker inflated his elderly customers' net worth in REIT applications, the regulator says.