FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Moves to Tighten Brokers' Ability to Borrow Client Money
By Melanie WaddellFINRA's plan would strengthen the general prohibition against borrowing and lending and narrow some existing exceptions.
December 11, 2023
FINRA Releases Reg BI NoticeThe notice points broker-dealers to various SEC resources to help them comply with the best-interest rules.
December 08, 2023
FINRA Tried to Ban Firm for 60,000% Fee Hike. It's Fighting Back.Alpine and three other firms are challenging FINRA's power in court; the Supreme Court may rule on the matter next year.
November 30, 2023
BofA Securities Hit With $24M FINRA Fine for SpoofingThe penalty follows orders traders didn't intend to have executed to create an appearance of Treasury market activity.
November 29, 2023
FINRA Fines Ex-Morgan Stanley Employee for Using Cell Phone During Series 7 ExamThe employee used his phone despite telling the proctor it was in another room, according to FINRA.
November 29, 2023
FINRA Fines TD Private Client Wealth for Email Review FailuresThe firm failed to review some employees' emails for years after they were hired, FINRA said.
November 29, 2023
FINRA Bars Broker Over Reg BI ViolationsThe broker's excessive trading caused clients to lose over $2.3 million, FINRA said.
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.