FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Rep Churned Senior Business Owner's Account, Violated Reg BI: FINRA
By Melanie WaddellJesse Krapf recommended in-and-out trading that was excessive and unsuitable, according to the regulator.
October 28, 2024
CFP Board's Enforcement Powers Create Major Risks: SIFMAThe board's activities duplicate and conflict with those of the SEC and FINRA, the industry group warns.
October 21, 2024
LPL Blasts Ameriprise Recruiting Suit as 'Public Relations Stunt'Ameriprise has filed several lawsuits against LPL alleging improper recruiting tactics.
October 16, 2024
Client Sues Barred Broker Over 'Devastating' Life Insurance PlanBarred brokers selling complex life insurance plans is a growing problem, the client's lawyer says.
October 16, 2024
Ex-Ameriprise Broker Sanctioned Over Leveraged ETFsGeorge Snyder IV recommended ETFs not typically advised for retail investors, FINRA says.
October 16, 2024
Citadel Securities to Pay $1M Over CAT Reporting FailuresCitadel Securities fell short on reporting data for tens of billions of order events, FINRA says.
October 15, 2024
Ameriprise Says LPL Urged Advisor to Improperly Lure ClientsLPL's "regular pattern and practice is to encourage recruits to violate their contractual agreements," Ameriprise alleges.
October 11, 2024
Citi: Advisor Improperly Lured Clients to Move Millions to Wells FargoMichael Fowler contacted clients multiple times to solicit them to switch firms, Citi alleges.