FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Suspends Broker Named as Client Trustee
By Jeff BermanThe broker, now at Waddell & Reed, violated Cetera's broker-as-beneficiary rules, FINRA says.
April 14, 2021
Form U5 a Top Trigger of FINRA InvestigationsFINRA brings about 700-800 disciplinary actions a year after looking into more than 25,000 cases, the president of its crime detection unit says.
April 13, 2021
JPMorgan Sues Ex-Advisor for Moving Clients to Wells FargoThe advisor has been calling former clients, with at least one reporting he was annoyed by multiple calls, JPMorgan says in the suit.
April 12, 2021
Ex-Broker Fined for Not Disclosing Charges of Rape, False ImprisonmentThe former broker failed to timely amend his Form U4 to disclose the charges, FINRA says.
April 09, 2021
FINRA Bars Ex-Goldman Rep Over Expense ReimbursementThe former broker was terminated by the firm in December 2019 and then consented to being barred from the business.
April 08, 2021
Envestnet Acquires Harvest Savings & Wealth: Tech RoundupAlso, fintech firm fabe launches a SaaS application to help advisors value their firms for a sale.
April 06, 2021
FINRA Zooming In on Platform Outages, Suspicious Activity ReportsThe regulatory group also is looking at broker-dealer communications about digital assets in its exams, according to one executive.
April 05, 2021
FINRA Fines Ex-Broker for Trades in Deceased Client's AccountThe broker was terminated by Insigneo Securities after it learned he continued to trade in an account after the had client died, according to FINRA.