FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
UBS Must Pay Clients $3.9M Over YES Options Strategy
By Jeff BermanA FINRA arbitration panel ruled against the wirehouse in another dispute over its Yield Enhancement Strategy.
May 04, 2022
FINRA Wants to Make It Harder for Brokers to Clear Their RecordsFINRA found its arbitrators granted 78% of requests for expungement, which is supposed to be an "extraordinary" remedy.
May 02, 2022
What the Broker-Dealer Industry Looks Like Now, in 5 ChartsFINRA has released its 2022 Industry Snapshot.
April 29, 2022
Ex-Cetera Broker Gets $3M in Damages for Wrongful TerminationIn a FINRA arbitration case, the rep accused the firm of wrongfully terminating him in 2019.
April 29, 2022
FINRA Alerts BDs to Email Phishing ScamsOne phishing campaign is ongoing and another new.
April 29, 2022
Wells Fargo Mistakenly Announces Death of Advisor Who Left Firm"It's good to be alive and I'm very thankful to be with oXYGen Financial," Robert Brian Watson told ThinkAdvisor.
April 20, 2022
FINRA Warns BDs on Alt Fund Sales PracticesFINRA points to enforcement actions it has taken recently against several firms.
April 19, 2022
Ex-Morgan Stanley Rep Ran Multimillion-Dollar Ponzi Scheme, SEC SaysThe ex-broker allegedly blew over $800,000 of clients' funds on luxury cars and his credit card payments.