FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Goes Heavy on the Fines
By Arthur D. PostalThe Financial Industry Regulatory Authority has levied nearly $40 million in fines so far this year, with more to come.
August 01, 2012
FINRA Fee Increases May Raise Sticker Price on Financial AdviceFINRAs proposed 25% increase in fees on financial service firms may become a reality within the next few months, and it is important that all financial advisors stop and take note of the potential consequences.
July 31, 2012
When SEC and FINRA Strike, Sometimes It Pays to Strike BackBDs and reps who sue regulators may be rewarded with dismissed charges and smaller fines.
July 31, 2012
When SEC and FINRA Strike, Sometimes It Pays to Strike BackBDs and reps who sue regulators may be rewarded with dismissed charges and smaller fines.
July 30, 2012
When SEC and FINRA Strike, Sometimes It Pays to Strike BackA just-released annual study by Sutherland, Asbill & Brennan finds that sometimes it pays for reps and BDs to litigate against regulators instead of settling.
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.