FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Madoff Scandal Changes FINRA Exam Process
By Arthur D. PostalThe Financial Industry Regulatory Authority is responding to the criticism prompted by the Bernard Madoff scandal by intensifying its exam process.
June 23, 2011
Why the Survival of Independent Advice Giving Is at StakeMercer Bullard's new SRO may be the last, best hope for the independent advice business.
June 23, 2011
Morgan Keegan to Pay $200 Million Over Bond Fund AllegationsMorgan Keegan & Company will pay $200 million to settle allegations of exaggerated claims, failures in supervision and undisclosed investment risks, the Financial Industry Regulatory Authority announced Wednesday.
June 20, 2011
FINRA to Share Details on New Back-Office Staff RulesThe SEC approved the rules that require registration, testing and continuing education of some operations staff and supervisors on June 16.
June 20, 2011
3 Lessons From Advisor’s FINRA Win Over BofA-MerrillFINRA ordered BofA-Merrill Lynch to pay one of its former advisors about $1.5 million in damages and change his Form U5 last week, and Patrick Burns, a lawyer, shares what that decision means for advisors.
June 20, 2011
Three Lesson from FA’s $1.5 Mil FINRA Win Over MerrillFINRA ordered Bank of America-Merrill Lynch to pay one of its former financial advisors about $1.5 million in compensatory damages and change…
June 14, 2011
Brokers Beware: Clients and Prospects Can Easily Find Your Disciplinary Histories on the WebWill FINRA’s new web-accessible discipline database be a benefit or burden to your brokerage business?
June 02, 2011
SEC, FINRA Issue Warning About Structured Notes With Principal ProtectionThe SEC's Office of Investor Education and Advocacy and FINRA issued an alert on Thursday warning investors about the risks of structured notes with principal protection.