FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Nabs 10 Reps in Risky Broker Op
By Melanie WaddellFINRA carefully watches broker migration, especially when reps "move in groups from an expelled or high-risk firm to other securities firms," says FINRA's Axelrod.
August 19, 2015
FINRA Sweeping BDs on Comp PracticesRecruiter Jon Henschen says FINRA treats BDs like "moonshiners," made to pay "extortion money" in the form of fines for breaking ever-more convoluted rules.
August 14, 2015
SEC, FINRA Enforcement: Former 'Real Housewives' Husband Fined for Naked Short SellingBrokerage firm ITG Inc. and affiliate AlterNet Securities will pay $20.3 million for running secret dark-pool trading desk.
August 07, 2015
SEC, FINRA Enforcement: 2 Busted for Selling Fake ‘Charitable Gift’ AnnuitiesMeanwhile, the SEC busted a $114 million Ponzi scheme involving driver safety technology.
August 05, 2015
Ex-Morgan Broker Loses Fight With FINRA Over ‘Forgivable’ NotesBreakaway broker Nick Ragone, who claims FINRA colludes with firms, is livid over a ruling on $400,000 in bonus promissory notes.
August 04, 2015
FINRA BrokerCheck Plan Gets More FlakThe IBD lobby wants clarity for indie reps, while NASAA wants the rule to include email signatures.
August 03, 2015
FINRA Fines Aegis $950,000, Suspends Top ExecsThe charges are linked to unregistered penny stocks, sold by groups based in Turks & Caicos.
July 31, 2015
‘Dissident’ Candidate Elected to FINRA BoardBrian Kovack campaigned on the need to reform FINRA's arbitration process, exams and registration disclosures.