FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
A Broker Impersonated His Client … Twice. It Didn't Go Well.
By Jeff BermanThe client wanted his annuity withdrawals reduced and told the broker to "get it done."
November 22, 2019
FINRA Bars Ex-Commonwealth Rep Accused of FraudThe former broker was accused of forgery and wrongful taking of property.
November 21, 2019
FINRA Censures NYLife Securities Over 'Higher-Risk' Fund SalesThe firm has also been slapped with a $250,000 fine.
November 21, 2019
FINRA Suspends Ex-Baird Broker Over $200K in Unapproved TransactionsIn addition to a 5-month suspension, the broker has been slapped with a $10,000 fine.
November 20, 2019
FINRA Bars Ex-Merrill Rep for Taking Co-Worker's MoneyAn ex-associate in Seattle allegedly took $24,000 from a co-worker to use for her own expenses.
November 19, 2019
The NAIC May Talk to FINRA About YouIf so, NAIFA wants a chance to provide some perspective on that.
November 15, 2019
FINRA Suspends Broker Who Sold Woodbridge NotesAn advisor has a nine-month suspension, must pay a $5,000 fine and return some $33,000 in commissions and interest over unapproved sales tied to a $1.2 billion Ponzi scheme.
November 14, 2019
FINRA Suspends Advisor Who Hid $50K Private PlacementThe broker also has been slapped with $5,000 fine; he admitted asking the client to reach him via a personal email address after the sale.