FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Barred Long Island Broker Charged in Pre-IPO Share Scam
By Jeff BermanThe broker and his partner allegedly took $436,000 from investors who thought they were buying shares of Peloton, WeWork or Airbnb.
April 20, 2021
FINRA Suspends Broker Named as Client TrusteeThe broker, now at Waddell & Reed, violated Cetera's broker-as-beneficiary rules, FINRA says.
April 16, 2021
FINRA Suspends Ex-Morgan Stanley Rep Who Didn't Disclose Rental PropertyThe broker, who now works for LPL, also borrowed $307,000 from two clients, FINRA says.
April 16, 2021
Reg BI Exams' Scope Has Been Expanded: FINRA's Cook"Going forward, we're really expecting nothing shorter than compliance with the rule," the FINRA CEO 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.