FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
J.P. Morgan Fined Another $200K Over Broker's Unsuitable Trades in His Grandma's Account
By Jeff BermanThe firm didn't reasonably supervise an ex-broker who filled his grandmother's account with structured products, FINRA said.
August 03, 2022
Ex-Advisor Sentenced to Almost 22 Years in Prison Over Fake-Annuity ScamThe former Allstate, LPL and Merrill Lynch broker was convicted of stealing over $9.3 million from clients.
August 01, 2022
Worker Classification for Independent Financial Professionals: Big Changes Ahead?The Labor Department plans to propose new rules on independent contractors that might affect advisors.
August 01, 2022
FINRA Seeks to Rein In a Common Expungement TacticFINRA believes straight-in expungements are problematic because they are granted at a higher rate.
July 29, 2022
National Securities Closes Its DoorsThe broker-dealer ceased operations this week, and its advisors moved to B. Riley Wealth through a merger.
July 29, 2022
FINRA Seeks to Allow Private Homes as Non-Branch OfficesHome offices deemed "residential supervisory locations" would be inspected regularly and face certain limitations.
July 22, 2022
FINRA Bars Ex-Wells Fargo Broker After Fraud ComplaintThe former broker refused to testify in an investigation of his conduct, FINRA says.
July 20, 2022
Fidelity's Poaching Complaint Against Former Advisor and UBS Is DismissedFidelity sought injunctive relief to stop an ex-advisor who left the firm from allegedly poaching clients from it.