FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Suspends Ex-CEO From Shuttered BD First Standard
By Jeff BermanThe former CEO must pass the Series 24 exam again before he could serve as a principal for any FINRA member.
June 22, 2020
Another Ex-Broker of Shuttered BD First Standard Suspended by FINRAThe rep, like others from the firm before him, was accused of excessive trading.
June 22, 2020
FINRA Amends Suitability, CAB Rules to Align With Reg BIThe changes clarify standards and inconsistencies with Reg BI, and are effective June 30.
June 18, 2020
CCO Hit by FINRA for Business Email InfractionsThe FINRA actions shows the importance of retaining electronic communications, Eversheds Sutherland attorneys write.
June 18, 2020
FINRA Moves Ahead on New Exam Cheating RulesFINRA is also overhauling its enforcement technology platform.
June 15, 2020
FINRA Slams Ex-LPL Rep Who Shared CommissionsThe regulator says the former broker's violations were made after he agreed to buy the book of business of a terminated rep.
June 15, 2020
FINRA Enables Reporting of Reg BI-Related Customer ComplaintsStarting July 18, firms will be able to use two new "problem codes" to report customer complaint information.
June 12, 2020
FINRA Bars Ex-J.P. Morgan Rep for Taking Money From Clients' Bank AccountsThe former broker admitted to withdrawing $144,000 from 3 customers, two over 90 years old, for his personal use, FINRA says.