FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Bars Ex-Merrill Rep for Taking Co-Worker's Money
By Jeff BermanAn ex-associate in Seattle allegedly took $24,000 from a co-worker to use for her own expenses.
November 14, 2019
FINRA Suspends Advisor Who Hid $50K Private PlacementThe broker also has been slapped with $5,000 fine; he admitted asking the client to reach him via a personal email address after the sale.
November 12, 2019
FINRA Floats Limit on Brokers as BeneficiariesUnder the proposed rule, such arrangements would have to be approved by the firm, said FINRA's Cook.
November 12, 2019
FINRA Plans Reg BI 'Preparedness' ExamsThe regulator will assess firms' Reg BI compliance status as the deadline approaches.
November 06, 2019
Merrill, Raymond James to Return $12M in Excess 529 Plan FeesThese matters concern issues that pre-date FINRA's 529 Plan Share Class Initiative, announced earlier this year.
October 25, 2019
FINRA Says BDs Must Continue Yearly Compliance MeetingsAfter a retrospective review, the compliance meeting will remain intact.
October 25, 2019
FINRA Slaps RBC With $2.9M FineOver eight years, the firm failed to ensure that investors in ETFs, ETNs and mutual funds received prospectuses.
October 25, 2019
BNP Paribas Hit With $15M FINRA Fine for AML FailuresBNP's AML program did not include any surveillance targeting potential suspicious transactions involving penny stocks, FINRA says.