FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA, SEC Fine Goldman $22M for ‘Trading Huddles’
By James J. GreenThe firm settled over failure to supervise research analysts who met with traders and clients, and to monitor possible subsequent firm and client trading, said FINRA's head of enforcement, Brad Bennett.
April 05, 2012
FINRA Panel: David Lerner Associates Sold Marked-Up Munis, CMOsA FINRA hearing panel ruled on Wednesday that Long Island-based David Lerner Associates charged excessive markups on municipal bond and CMO transactions over a two-year period.
March 27, 2012
Advisors Weigh In On Client Advisory BoardsA financial advisors group on LinkedIn.com recently had a lively discussion of client advisory boards, started by an advisor who asked for the opinions of colleagues who had established a board
March 20, 2012
FINRA Fines Citigroup Arm Over Corporate Bond TransactionsFINRA on Monday fined Citi International Financial Services $600,000 and ordered more than $648,000 in restitution and interest to more than 3,600 customers for charging excessive markups and markdowns on corporate and agency bond transactions.
March 16, 2012
FINRA’s 5 Key Enforcement Trends to Watch in 2012The significant jump in fines issued by FINRA in 2011 provides a look into the top areas that the regulator will be focusing on in 2012, according to the law firm Sutherland Asbill & Brennan.
March 12, 2012
FINRA’s Top 5 Enforcement Issues of 2011A survey of FINRA sanctions by Sutherland Asbill focuses on the top enforcement issues in 2011, showing that fines jumped 51% over 2010, with more reps barred.
March 02, 2012
FINRA to Restructure BrokerCheck, Giving Investors More PowerProposed changes include not only unifying BrokerCheck and the SECs IAPD system, but also divulging broker/advisor test scores.
February 03, 2012
FINRA Issues 2012 ‘Watch List’Topping the list are non-traded REITs, complex ETFs, variable annuities and broker fees.