FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA fines Prudential Financial VA unit
By Arthur D. PostalA variable annuities distribution unit of Prudential Financial has been fined $950,000 by the U.S. Financial Industry Regulatory Authority (FINRA).
July 08, 2016
FINRA Enforcement: RBC Failed to Report Reps' Wage GarnishmentsMeanwhile, New York-based Jefferies was censured and fined on TRACE execution time reporting failures.
July 01, 2016
FINRA Execs Continue to Earn Big BucksIncoming FINRA CEO Robert Cook, from law firm Cleary Gottlieb, won't take as drastic a pay cut as a transition to public service often entails.
June 30, 2016
FINRA Posts Loss for 2015 as Costs Rise, Fines Drop 30%Revenue from fines weakened to $93.8 million, while costs grew to over $1 billion on technology projects.
June 29, 2016
FINRA Fines Deutsche Bank $6M for Bad, Late Trading DataThe failures in the firm's blue sheet data systems involved over 1 million trades from 2008 to 2015.
June 16, 2016
Advisors, Do You Have a Dementia Escalation Plan?As the base of clients advisors serve gets older, they may well find themselves with a client who exhibits signs of diminished capacity.
June 13, 2016
Robert Cook, Former SEC Exec, Named New FINRA ChiefRobert Cook, who served as head of SEC Division of Trading & Markets, replaces Richard Ketchum.
May 27, 2016
Enforcement: Illinois Mayor Fined for Misusing Hotel BondsThe SEC also froze the assets of a trader who faked filings and then made $425,000.