FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Wells Fargo Clearing to Pay $3M Over Reps' Unsuitable Trades
By Melanie WaddellThe firm failed to supervise short-term trading of income-generating securities, FINRA says.
September 11, 2024
Ex-LPL Rep Forged Client Signatures: FINRAThe broker falsely attested that he had not signed another person's signature on a document, FINRA says.
September 03, 2024
Raymond James to Pay Nearly $2M for Failure to Report Complaints, Mutual Fund TransactionsThe firm failed to timely disclose about 450 client complaints, according to FINRA.
August 30, 2024
Merrill Fined $3M Over 'Deficient' Trade SurveillanceMerrill relied on third-party automated systems that were insufficient to monitor for manipulative trades, FINRA says.
August 30, 2024
Sen. Warren Presses FINRA to Explain Enforcement DeclineThe number of enforcement actions last year was the lowest in the regulator's history.
August 23, 2024
Barclays to Pay Nearly $1.3M Over Fingerprint FailuresBarclays did not fingerprint any of its non-registered associated persons based in foreign locations, FINRA said.
August 21, 2024
Ex-Broker Barred After Refusing to Respond to FINRA ProbeCambridge Investment Research dismissed Gregory Corrie last year, alleging excessive use of unit investment trusts.
August 19, 2024
FINRA Bars Ex-Broker Probed Over Mutual Fund SuggestionsMichael Grande failed to respond to two requests for information and didn't seek extra time to respond, FINRA says.