FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-LPL Broker Who Allegedly Took an Older Client's Funds
By Jeff BermanThe former LPL broker was terminated by the firm for failing to disclose outside business activity.
October 07, 2021
Morgan Stanley Must Pay Over $100K to Client: FINRA Arb PanelThe client said the wirehouse failed to supervise when unsuitable investments were made on her behalf.
October 07, 2021
Merrill to Pay $850K FINRA Fine Over Short Sale ViolationsThe wirehouse misapplied the SEC-approved Multi-day Approach on at least 6,000 occasions, FINRA alleged.
October 06, 2021
FINRA Bars Ex-Primerica Broker Charged With Elder TheftThe former broker allegedly misappropriated two older siblings' funds, bilking them out of over $1.5 million, says a New Jersey prosecutor.
October 05, 2021
Merrill to Pay $1.5M FINRA Fine Over Muni ShortsThe firm failed to notify investors in munis that they were receiving "substitute" interest payments that weren't tax-exempt, FINRA says.
October 01, 2021
Barred Broker Who Bankrupted BD Is Charged With Fraud: DOJThe broker's unauthorized speculative bond trading cost his employer and others over $30 million, according to the SEC and DOJ.
October 01, 2021
Supreme Court to Hear Ex-Ameriprise Advisor's Arb Case ChallengeAdvisor Denise Badgerow had alleged she was fired from Ameriprise affiliate REJ Properties in retaliation for reporting the conduct of REJ's principals.
September 29, 2021
FINRA Plan Sets Annual Fee for CE RequirementsThe fee would apply to members who take CE to remain qualified for up to five years after their registration is terminated.