FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
If Broker Arbitration Is Good for Investors, Why Is It Mandatory?
By Bob ClarkFINRA and its member broker-dealers inherently have a massive PR problemone that isnt going to go away with some lipstick and a bit of makeup.
February 26, 2016
FINRA’s 5 Biggest Fine Categories in 2015Suitability cases "came back in a big way" in 2015, the law firm Sutherland Asbill & Brennan reported.
February 23, 2016
Broker Arb Lessons From Animal House and Brian HamburgerA reader questions my objectivity on broker-dealers and FINRA arbitration. I respond, then get Brian Hamburger to weigh in.
February 18, 2016
FINRA to Examine BDs for Conflicts of InterestWith compliance costing the industry $300 billion since 2010, the self-regulator wants BDs to answer questions on "cultural values" in a targeted exam.
February 11, 2016
FINRA Bars 2 Brokers in Hedge Fund FraudBrokers told investors the fund was a "growth" fund with risk controls when in reality it was a "highly speculative investment," FINRA says.
February 08, 2016
FINRA: Broker Lied to Native American Tribe About Nontraded REIT CommissionsThe broker didn't tell the tribe he personally made $9.6 million in commissions for REIT and BDC recommendations, FINRA says.
February 01, 2016
Is FINRA the Fox Guarding the Henhouse?As Ive written before, I have a grudging respect for the securities industry and its self-regulatory organization, FINRA: If he were alive today, Lex Luthor couldn't do it any better.
January 15, 2016
SEC, FINRA Enforcement: State Street to Pay $12M Over Pay-to-Play ViolationsThe SEC also charged 11 former executives and board members of a now-defunct bank with fraud for hiding loan losses during the financial crisis.