FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA’s Ketchum Criticizes DOL Fiduciary Plan
By Melanie WaddellFINRA CEO says DOL's safe harbor descriptions are "narrow" for BDs and that the CARDS plan is on hold until security concerns are addressed.
April 27, 2015
FINRA Chief to Testify in HouseThe House Financial Services Capital Markets Subcommittee will question FINRA CEO Richard Ketchum on May 1. The controversial CARDS plan will be a likely topic.
April 20, 2015
FINRA Launches Helpline for Seniors"Older investors are only a phone call away from getting help with questions or concerns they may have regarding their investments," says FINRA's Axelrod.
April 16, 2015
FINRA OKs Changes to Communications Rules, Seeks Public CommentFINRA will also file with the SEC to charge a $115 fee for the MSRB's new muni advisor qualification exam.
April 13, 2015
FINRA Readies Changes to Communications RulesFINRA is also taking comments until mid-May on member application rules.
April 02, 2015
FINRA Bars Rep, BD for Misleading Private Placement InvestorsTony Thompson, who sold tenant-in-common deals from 2008-'12, was found to have misled investors on the financial condition of some investments.
March 31, 2015
FINRA Slaps 3 BDs for Consolidated Reporting FailuresInadequate reporting controls raise risk that "unscrupulous representatives will provide inaccurate and misleading reports to their clients to conceal fraud and theft, says FINRA's Bennett.
March 27, 2015
FINRA Enforcement: Oppenheimer to Pay $3.75M for Failure to Rein In BrokerMeanwhile, FINRA fined Ameriprise Financial over a rep who hid a customer complaint.