FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Hits Summit With $880K Fine Over Excess Trading
By Janet LevauxOne advisor placed close to 535 trades for a retired client, who paid more than $171,000 in commissions over three years.
June 28, 2019
FINRA Posts a Net Loss for the YearThe total amount of fines decreased by $3.9 million in 2018 to $61 million.
June 13, 2019
FINRA Expels Crowdfunding Portal DreamFunded, Bans CEODreamFunded and its CEO "committed multiple violations" of SEC and FINRA crowdfunding rules, the regulator said.
May 31, 2019
FINRA Seeks Comments on Corporate Bond Block Trades, Deposit AccountsThe deposit account proposal, aimed at firms with high-risk brokers, has already drawn negative feedback.
May 22, 2019
Reminder: CAT Registration Deadline Is ComingThe deadline to register for reporting to the Consolidated Audit Trail is June 27.
May 17, 2019
Reg BI Is Epic Moment for Brokerage Industry: FINRA's Legal ChiefWith Reg BI, the SEC is "trying to save the broker-dealer business as we know it," said FINRA's chief legal officer.
May 16, 2019
FINRA Bad Broker Rule Would Hit Less Than 2% of FirmsThe new rule proposal identifies firms "that have a cluster of brokers with a high level of misconduct," FINRA's Cook said.
May 15, 2019
FINRA Pushing Ahead on CAT, Rule Review: CEO CookAt FINRA's annual conference, execs discussed which rules are being reviewed and gave an update on exam consolidation.