FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Sanctions 3 Reps Accused of Falsifying Documents
By Jeff BermanOne broker allegedly falsified signatures of clients, another faked his estranged wife's signature.
January 22, 2020
FINRA Sends Ex-LPL Rep Back to SchoolThe broker must complete 20 hours of continuing education after violating private securities transaction rules.
January 22, 2020
FINRA Bars Ex-Merrill Rep Who Refused to TestifyRegulator was investigating broker over alleged misuse of client funds.
January 22, 2020
Ex-MLB Player Wins $2M Payout From Merrill in Bond DisputeFormer outfielder Angel Pagán said his rep put his money in unsuitable Puerto Rico muni bonds and closed-end bond funds.
January 21, 2020
FINRA Bars Broker for Working Against Interests of His Firm, ClientsThe rep also provided a false response to FINRA during its investigation of his actions.
January 17, 2020
Royal Alliance Fined Over Reps' Theft of $3.8MDespite red flags, two now-barred advisors took the funds via wire transfers and checks to shell companies, FINRA says.
January 17, 2020
FINRA Names New Head of EnforcementJessica Hopper replaces Susan Schroeder who departed in September.
January 15, 2020
FINRA, SEC Warn of Ongoing Cyber ThreatsPhishing, ransomware and disgruntled ex-workers are among the many challenges firms face.