FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Another Broker Impersonated Clients … 6 of Them. FINRA Wasn't Pleased.
By Jeff BermanFINRA suspended and fined the former Investacorp rep after he impersonated customers in calls to Nationwide.
December 06, 2019
Ex-Raymond James Rep Suspended After Violating Trading RulesThe broker made securities transactions in his own account after becoming privy to confidential info, FINRA says.
December 06, 2019
Ex-Morgan Stanley Rep Suspended Over Unsuitable Muni Bond SalesThe broker incurred unnecessary fees by buying the funds in brokerage accounts and transferring them, FINRA said.
December 05, 2019
FINRA Suspends Goldman Rep for Bringing Phone to ExamIt was unclear whether she used the phone while taking the test.
December 04, 2019
FINRA, Amazon Strike Cloud Deal for Market SurveillanceThe Consolidated Audit Trail processes about 100 billion market events each day at 22 stock exchanges and 1,500 broker-dealers.
December 03, 2019
Wife Took Out Husband's IRA Money, His Broker Was Kicked Out of JobFINRA suspends broker for "unauthorized transactions" after Morgan Stanley terminated him.
November 27, 2019
FINRA Seeks Option to Move Some Arbitration Claims to CourtThe plan would also allow investors to withdraw an arbitration claim if the broker or firm becomes inactive or bankrupt.
November 26, 2019
FINRA Bars Ex-LPL Broker Over Outside Business ActivitiesThe rep provided an elderly client bill-paying services for a fee, according to FINRA.