FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
The Bizarre Recruiting Case of Alfonso Montoya
By Jane Wollman RusoffA $150 million book of business Wells Fargo promised him never materialized and then the wirehouse took him to arbitration.
September 30, 2014
FINRA Releases New Version of Controversial CARDS PlanFINRA is "committed" to CARDS and plans to move ahead with further changes to BrokerCheck, said Susan Axelrod at the FSI Advisor Summit.
September 22, 2014
FINRA’s Big-Brokerage Loyalty Revealed in New Bonus Plan: LawyerThe proposal, which curtails mandatory disclosures, should "leave no doubt" where FINRAs loyalties lie, lawyer Patrick Burns says; recruiter Jon Henschen argues disclosure is pointless.
September 12, 2014
FINRA Mulls Revised Broker Bonus PlanFINRA plans to consider a revised recruitment practices proposal that looks to omit the controversial retention deal aspect of the original plan.
September 11, 2014
FINRA Warns About Investing in Nigeria, Lebanon, Other Frontier MarketsFINRA issued an investor alert, saying these markets have heightened risks.
September 05, 2014
FINRA Enforcement: HFP Capital Markets Expelled From FINRA for Note FraudFINRA also censured Saddle River, New Jersey-based Felix Investments.
September 03, 2014
FINRA Arbitration Head Fienberg to Step DownLinda Fienberg, an 18-year FINRA veteran, will leave at the end of November.
August 28, 2014
SEC, FINRA Enforcement: Citi Global Markets Fined $2 MillionIn another action, an investor relations firms exec was charged with insider trading.