FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Fines LPL $9M for Failing to Monitor Emails
By Melanie WaddellFINRA announced Tuesday that it fined LPL for 35 separate, significant email system failures, and for making material misstatements to FINRA during its investigation.
May 16, 2013
SEC, FINRA Enforcement Roundup: Husband and Wife Divert Funds to Buy HomeThe SEC filed charges against a husband and wife, who are executives of China-based RINO International Corp., and FINRA fined and censured Deutsche Bank Securities for reporting failures.
May 14, 2013
Richard Ketchum: The 2013 IA 25 Extended ProfileFINRA CEO Ketchum says that the regulator continues to believe current levels of advisor oversight and exams are "unacceptable and a risk to investors."
May 10, 2013
SEC, FINRA: Beware pension, settlement income stream dealsIn a joint alert, investors were warned about what to do before buying or selling pension or settlement income streams.
May 10, 2013
SEC, FINRA: Beware pension, settlement income stream dealsIn a joint alert, investors were warned about what to do before buying or selling pension or settlement income streams.
May 10, 2013
SEC, FINRA: Beware Pension, Settlement Income Stream DealsIn a joint alert issued Thursday, the SEC and FINRA provide investors with information about what to do before buying or selling such rights and urge them to proceed with caution.
May 09, 2013
NASAA Joins FINRA in Fight Against Schwab Class-Action RulingState securities regulators are throwing their support behind FINRA in its battle to overturn a decision by its hearing panel that allowed Charles Schwab & Co. to block customer participation in class-action lawsuits.
May 08, 2013
FINRA Slams Three Firms for Anti-Money Laundering ViolationsFINRA announced Wednesday that it has fined three firms a total of $900,000 for failing to establish and implement adequate anti-money laundering programs and other supervisory systems to detect suspicious transactions.