FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-Goldman Rep Over Expense Reimbursement
By Jeff BermanThe former broker was terminated by the firm in December 2019 and then consented to being barred from the business.
April 05, 2021
FINRA Fines Ex-Broker for Trades in Deceased Client's AccountThe broker was terminated by Insigneo Securities after it learned he continued to trade in an account after the had client died, according to FINRA.
April 05, 2021
UBS Must Pay $371K to Clients: FINRA PanelA FINRA arbitration panel ruled in favor of UBS clients, who alleged the firm's options-trading strategy exposed them to significant risks.
April 01, 2021
FINRA Fines Ex-Broker Who Covered Up Conviction for Sex With a MinorThe former rep "willfully failed to timely amend" his Form U4 to disclose he was charged with three felonies, FINRA says.
March 31, 2021
Schwab Sues Ex-Client Who Won't Return $1.2M Sent by MistakeThe firm alleges that a former client refuses to return money "inadvertently transferred" to her Fidelity account due to a software error.
March 29, 2021
10 Worst Financial Advisors in America: 2020Last year's worst advisors allegedly ran Ponzi schemes, stole from the elderly and veterans, and one was even charged with murdering a client.
March 22, 2021
FINRA Fines Ex-JPMorgan Broker Who Split Trades to Boost CommissionsThe broker broke 1,106 orders into more than more than 7,500 smaller trades, according to FINRA.
March 19, 2021
Human Capital: Susan Schroeder Says Reg BI Enforcement Actions LoomThe ex-FINRA enforcement chief also weighs in on what Gary Gensler's likely arrival at the SEC means for Reg BI.