FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC, FINRA Enforcement: Texas Couple Busted in Green Card Investment Scam
By Marlene Y. SatterAmong other actions, the SEC charged a woman in a bail-bond scheme and froze assets in a bill-collection scam to pay alimony and child support.
September 19, 2013
FINRA Broker Bonus Plan Would Be ‘Nonevent’ for Many Reps: HenschenThe regulator raised the threshold for the disclosure requirement, which BD recruiter Jon Henschen called a "positive" move.
September 17, 2013
FINRA Warns Investors About ‘Risky’ Private PlacementsThe alert comes two months after the SEC lifted a ban on advertising such investments, as required under the JOBS Act.
September 13, 2013
Scammers Salivate Over Americans’ Investing IgnoranceMany Americans lack an understanding of reasonable investment returns, leaving them vulnerable to fraudulent sales pitches, according to the FINRA Foundation.
September 11, 2013
FINRA Revives Broker Bonus Disclosure PlanA revised plan to require that brokers recruitment compensation be disclosed when they switch firms will be considered at FINRA's Sept. 19 board meeting.
September 06, 2013
FINRA Fines On Track to Fall 41% This YearThe total dollar amount is projected to hit a three-year low, according to the law firm Sutherland Asbill and Brennan.
September 05, 2013
SEC, FINRA Enforcement: Money Manager Charged in Free-Riding SchemeAmong recent SEC actions were charges against a self-styled money manager for free-riding and fraud, while FINRA took on failures in WSPs and OATS compliance.
August 28, 2013
The Odd, Mixed Messages From FINRA on Risk Tolerance and SuitabilityFINRAs new, and unusual, definition of risk tolerance and the inconsistency between that definition and the views expressed on the SROs website are not helpful to advisors and investors.