FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-Ameriprise Rep Who Took $42,000 From a Client
By Jeff BermanThe broker had been terminated after allegedly converting the elderly client's funds for his own use.
October 07, 2020
Fake FINRA Survey Is a Phishing Scam, Regulator Warns BDsThe email scam is the latest of several attempts to illicitly gather data by impersonating FINRA or registered reps.
October 05, 2020
FINRA Mulls Further Changes to Senior Exploitation RuleFINRA wants to extend the period for placing a temporary hold on accounts and create the first uniform, national standard for placing holds on transactions.
October 05, 2020
Ex-Commonwealth Rep Pleads Guilty to Stealing Over $3.7M From ClientsThe barred broker and advisor pleaded guilty to one count each of wire fraud, mail fraud and identity theft.
October 02, 2020
FINRA Moves Ahead on BD Fee HikeBeginning in 2022, fees in five areas will be raised gradually.
October 01, 2020
FINRA Bars Yet Another Ex-Broker From Shuttered BD First StandardThe former rep, like others from the firm, was accused of excessive trading, then refused to cooperate with FINRA's investigation.
October 01, 2020
FINRA Fines Ex-Merrill Rep Who Took Client Info to New FirmBefore leaving Merrill, the rep emailed himself clients' personal info 161 times, FINRA says.
September 25, 2020
Ex-Waddell & Reed Rep Failed to Disclose Criminal Charges: FINRAFirm's former rep was charged with DUI and possession of a Schedule 1 controlled substance, according to BrokerCheck.