FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Schwab Seeks to Block Former Advisor From Soliciting Clients
By John ManganaroThe firm wants to block its former advisor, Robert Van Ortega, from soliciting clients for his new RIA.
November 27, 2024
More Than 60 Brokers Hit With FINRA Sanctions Over CE CheatingAnother individual completed the required training on the brokers' behalf, FINRA says.
November 25, 2024
Ex-LPL Rep Let Business Partner Sign for Customers: FINRABrenton Charles Schmidt signed the documents after his business partner signed for the customer, according to the regulator.
November 19, 2024
FINRA Fines CUNA Brokerage Services Over Deleted Rollover RecordsThe BD inadvertently deleted 14,000 records, violating Reg BI, FINRA says.
November 13, 2024
FINRA Files to Raise Fees Starting in 2025The median large firm would pay an extra $415,000 a year by 2029.
November 08, 2024
Osaic Failed to Supervise Trading in Dead Client's Account: FINRAThe broker-dealer, earlier known as SagePoint, was fined $250,000 for issues with this matter and another account.
November 07, 2024
What's at Stake in the Ameriprise-LPL Fight Over Client DataAmeriprise accuses LPL of encouraging recruits to abscond with client data; LPL says Ameriprise aims to restrict competition.
November 05, 2024
Morgan Stanley to Pay $1M Over Lack of Risk ControlsThe firm failed to set up controls designed to prevent the entry of erroneous orders, FINRA says.