FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Reg BI Makes FINRA's Top Customer Arb List, a First
By Melanie WaddellThough Reg BI was implemented two years ago, "it takes a while for cases to bubble up."
July 12, 2022
Barred Broker Sentenced to Prison for $12M Ponzi SchemeMatthew Eckstein will get up to 10.5 years in prison for his role in bilking more than 50 investors, the prosecutor said.
July 06, 2022
Barred Broker Who Did Merrill Stint Indicted in $100M Crypto ScamJoshua David Nicholas and two other defendants were charged with conspiracy to commit wire fraud and securities fraud.
July 05, 2022
Morgan Stanley Fires 90-Year-Old Broker Arrested for Shooting Business PartnerLeonard David Bernstein shot Chris Bayouth as many as five times, according to police.
July 01, 2022
Ex-Broker Pleads Guilty to Bilking More Than 100 InvestorsRobert Louis Cirillo also admitted to filing tax returns that failed to report income from the scam, prosecutors said.
June 30, 2022
Expect 'Deeper Dive' Reg BI Exams in 2022: FINRA ExecFirms can expect that FINRA will "be doing deeper dives with respect to the standard of care obligation."
June 30, 2022
Here's How FINRA Spent Its 2021 Fine MoneyIn 2021, FINRA enhanced BrokerCheck, the Fund Analyzer and created new, virtual events.
June 29, 2022
In Wells Fargo Case, FINRA Didn't Manipulate Arb Process: Independent ReviewThe review recommended, however, that FINRA increase transparency in the arbitrator selection process.