FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Arb Panel Slams BD Over Bad Investments for Elderly Client
By Jeff BermanA Chicago firm was ordered to pay damages plus the claimant's costs.
February 26, 2020
FINRA Sanctions Rep for Messaging Clients on WhatsAppThe Aegis Capital broker conducted securities-related business with the unapproved app, FINRA says.
February 21, 2020
FINRA Bars Ex-Fidelity Rep Who Refused to TestifyThe broker was terminated for alleged personal trading and related conduct involving a penny stock.
February 21, 2020
FINRA Launches Exam Sweep of No-Commission BDs"FINRA is conducting the targeted examinations with a variety of firms," a spokesperson said Friday morning.
February 20, 2020
FINRA Bars Ex-Rep Who Took Money From ClientsThe broker told clients he was investing their money in a celebrity brand marketing company, FINRA said.
February 20, 2020
FINRA Orders Pershing to Pay $5.6M to More Stanford VictimsThe claimants accused Pershing of aiding and abetting Sanford's multibillion-dollar fraud.
February 19, 2020
FINRA Orders Stifel to Pay $500K in Customer DisputeClient claimed firm's rep "mishandled" her account via "unsuitable, unauthorized, and excessive trading."
February 19, 2020
FINRA Suspends Ex-Merrill Rep Over Unauthorized TransactionsThe former broker signed 15 subscription agreements with a third-party advisor, the regulatory group says.