FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ex-LPL Rep Suspended for Falsifying Forms
By Jeff BermanFormer broker electronically signed a colleague's name repeatedly instead of his own, FINRA claims.
July 31, 2020
FINRA Issues FAQ on Virtual Business EntertainmentFor example, is it OK to provide food to clients to be eaten at a virtual gathering?
July 24, 2020
Analyst Busted With Exam Cheat Sheets in His Shorts: FINRAAnd he still failed his Series 79 exam, the regulator said.
July 23, 2020
Why Brokers Must Testify — Or ElseFailing to cooperate with an inquiry is the most common reason brokers get barred, according to a FINRA enforcement exec.
July 23, 2020
FINRA Bars Ex-Ameriprise Rep Who Was Fired Over Ethics ViolationsThe ex-broker then stopped cooperating with regulator's investigation.
July 21, 2020
FINRA Slams Ex-Morgan Stanley Rep for Unsuitable, Costly InvestmentsFirm's former broker recommended U.S. Treasuries strategy that he profited from, but clients collectively lost money on, FINRA claims.
July 17, 2020
Ex-Cetera Rep Suspended for Not Disclosing $217K JudgmentThe former broker "willfully" failed to amend his U4 form after a judge ordered him to repay a promissory note, FINRA says.
July 17, 2020
Ex-Wells Fargo FiNet Rep Suspended for Altering Docs, Using Private EmailThe then-advisor had clients sign incomplete documents so he could "fill in missing information," FINRA says.