FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
When SEC and FINRA Strike, Sometimes It Pays to Strike Back
By Melanie WaddellBDs and reps who sue regulators may be rewarded with dismissed charges and smaller fines.
July 26, 2012
FSI to FINRA: This Is the Wrong Time for Higher FeesPart of FSIs engagement with FINRA is to let them know when they have gone too far. That is clearly the case with the substantial fee increases the organization has proposed for broker-dealers and financial advisors, increases that would hit small firms the hardest.
July 24, 2012
Broker Suitability Rule Takes EffectA new FINRA rule on suitability of recommendations by brokerages and brokers to customersand to prospective customerstook effect on July 9, and with it come a number of issues of which firms and advisors alike need to be aware.
July 23, 2012
FSI Urges SEC: Don’t Let FINRA Raise FeesDale Brown worries about humongous compliance costs; group concerned over timing, context and size of fee increases.
July 20, 2012
Resolved: FINRA Should Review These 10 Outdated RulesFINRA should heed the advice of a recent GAO report and revisit these rules, which the authors humbly suggest either no longer work as intended, or have effectively been replaced by other rules or guidance.In response to the GAO recommendation,
July 12, 2012
FINRA’s 6 Critical Tips Before Buying ETNsFINRA wants to make sure that investors are aware of the differences between ETNs and other, perhaps more traditional, investmentslest investors be taken unaware and get in over their heads.
July 11, 2012
MetLife manager fined and suspended in FINRA life settlement case (Forbes)Without admitting or denying the findings, William F. Weiss submitted a Letter of Acceptance, Waiver and Consent, which FINRA accepted.
July 11, 2012
MetLife manager fined and suspended in FINRA life settlement case (Forbes)Without admitting or denying the findings, William F. Weiss submitted a Letter of Acceptance, Waiver and Consent, which FINRA accepted.