FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ex-Raymond James Rep Made Unauthorized Trades in Older Client's Account: FINRA
By Melanie WaddellThe rep was suspended for three months and ordered to pay $23,000 for making 71 unauthorized trades.
February 14, 2025
Morgan Stanley Ordered to Pay $843,000 to Senior Scam VictimA FINRA arbitration panel found the company liable for failing to protect the 76-year-old widow.
February 13, 2025
Advisor in Smoothie Shop Incident Is Fined and Suspended Over Cash TransactionsJames Iannazzo arranged withdrawals and deposits totaling $845,890 to evade reporting requirements, a FINRA panel found.
February 07, 2025
FINRA Suspends Rep Over Excessive Trades in Senior Client's AccountJustin Deiter violated Regulation Best Interest, FINRA says.
February 04, 2025
Apex Clearing to Pay $3.2M Over Securities Lending Program"Customers were exposed to risks but did not receive any of the borrowing fee," FINRA says.
January 31, 2025
Investors Hit Fidelity With FINRA Claim Over Advisor Accused of Losing $11MFidelity missed red flags when an advisor made risky trades on its platform, according to an arbitration claim.
January 30, 2025
FINRA Fines, Suspends Another NY Broker Accused of CE CheatingThe broker is among dozens who've been disciplined over findings that someone else completed their continuing education requirements.
January 28, 2025
FINRA Beefs Up Its RILA AdviceRegulators want representatives to think about a client's age when recommending transactions.