FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Sets Sights on Registered Index-Linked Annuities
By Melanie WaddellThese annuities have seen a significant jump this year, said FINRA CEO Cook.
October 23, 2020
FINRA Amends Sanction Guidelines to Protect Older AdultsThe revision, effective immediately, "is consistent with FINRA's view that certain investors may need additional protections," says attorney Brian Rubin.
October 20, 2020
Ex-SagePoint Rep Invested Clients' Funds in Sham Pension SchemeThe former broker invested $210,000 of his client's money in private securities transactions without his firm's approval, FINRA says.
October 19, 2020
FINRA Files to Boost Arbitrators' PayLawyers for investors support the pay hike but "we do not want arbitrators to be doing this as their living," says PIABA's Sam Edwards.
October 16, 2020
FINRA Bars Ex-Ameriprise Rep Who Took $42,000 From a ClientThe broker had been terminated after allegedly converting the elderly client's funds for his own use.
October 14, 2020
FINRA Fines Ex-Merrill Rep Who Hid Apartment Rental BusinessThe former broker voluntarily resigned from Merrill while under internal review, FINRA says.
October 08, 2020
FINRA Postpones Arb Hearings for Rest of 2020Arbitrators are concerned about the safety of in-person hearings, FINRA says.
October 07, 2020
Fake FINRA Survey Is a Phishing Scam, Regulator Warns BDsThe email scam is the latest of several attempts to illicitly gather data by impersonating FINRA or registered reps.