FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Fines Ex-Morgan Stanley Employee for Using Cell Phone During Series 7 Exam
By Melanie WaddellThe employee used his phone despite telling the proctor it was in another room, according to FINRA.
November 27, 2023
Advisor Accused of Churning Retired Couple's PortfolioThe advisor allegedly made over $75 million in trades in 2021, according to the suit, which was later dropped.
November 21, 2023
Ex-Advisor Solicited Client Money for Film Business, Regulators SayChecks to Canal Productions represented self-dealing at an elderly client's expense, the inquiry alleges.
November 20, 2023
SEC OKs New FINRA Rules for Home Offices, Remote InspectionsThe changes "reflect today's hybrid work environment while still providing critical investor protections," FINRA said Monday.
November 14, 2023
FINRA Moves to Allow Performance Projections in Some BD MarketingThe proposal aligns with the SEC's marketing rule for RIAs.
November 08, 2023
Baird to Pay $519K Over Excessive Mutual Fund Sales ChargesCustomers didn't receive sales charge waivers and fee rebates to which they were entitled.
October 25, 2023
Lawyers Enlist State Regulators in Fight to Stop Brokers From Erasing ComplaintsPIABA is offering training for state regulators as a new FINRA rule gives them new authority in expungement cases.
October 19, 2023
Ex-Broker Who Used Client Funds to Pay Taxes, Buy Race Car Items Gets 10-Year SentenceThe judge also ordered the former broker to pay $3.5 million in restitution.