FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Enforcement: Firm Fined in ‘Fantasy Sports for Stocks’ Cellphone Game
By Marlene Y. SatterIn another action, Artis Capital Management and a senior research analyst settled SEC charges for failing to detect insider trading by an employee.
September 21, 2016
FINRA Fines, Suspends Avenir Financial Group, Bars Former CEOFINRA fined Avenir $229,000 and took action against its former CEO for misconduct including fraudulent sales.
September 19, 2016
FINRA Names 3 New Board MembersTwo new public governors as well as a small firm governor named to FINRAs board.
September 14, 2016
FINRA Fines Ameriprise for Rep Who Stole $370K From His FamilyAmeriprise was fined for allegedly failing to exercise reasonable due diligence in supervising the accounts, the regulator said.
September 09, 2016
Enforcement: SEC Charges Sex Products CEO With Fraud; FINRA Fines Short SellerSEC charged Empowered Products with promotional fraud; FINRA censured and fined Timber Hill for not closing fail-to-deliver positions.
August 29, 2016
Advisor Put Transit Workers on Risky Investment Path, FINRA SaysRetired bus workers lost some $140,000 due to "unsuitable" investments in energy firms and gold, says a FINRA complaint.
August 26, 2016
FINRA Enforcement: RBC Fined Over Arb AgreementIn another action, Oppenheimer & Co. was censured and fined for inaccurately reporting, or failing to report, short positions.
August 16, 2016
Ex-Stifel Broker Loses FINRA Case Over Unauthorized Farm LoanThe broker must pay his former BD after he borrowed money from a client to buy farmland without proper approval.