FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Regulators' Document Mishaps Irk Wall Street (Reuters)
By Staff WriterIn the last month, Wall Street's top regulators became subject to the same kind of scrutiny they regularly dish out to securities firms.
October 07, 2011
SEC, FINRA Sanction Chief Compliance Officers, Sutherland Report FindsA recent report by the law firm Sutherland, Asbill & Brennan analyzes recent SEC and FINRA actions against chief compliance officers at BDs and advisory firms, highlighting examples of conduct that regulators have identified as sanction-worthy.
October 05, 2011
FSI Members Storm Congress to Lobby for Advisor SROAdvisors and broker-dealer representatives descended on Capitol Hill on Wednesday to urge about 260 members of Congress to support Rep. Spencer Bachus draft legislation calling for one or more SROs to oversee investment advisors.
September 28, 2011
FINRA Disciplines Merrill, LPL, National Financial, Van KampenFINRA took disciplinary action against Merrill Lynch, LPL Financial, National Financial Services and Van Kampen Funds. Merrill was censured and fined $400,000 on findings that it failed to enforce its anti-money laundering rules.
September 23, 2011
Taking on the SEC and FINRA—Sometimes It PaysNew research from the law firm Sutherland shows that it pays to litigate against the SEC and FINRA, particularly when it comes to fraud cases.
September 07, 2011
FINRA Fines 5 Broker-DealersFive broker-dealers were fined by FINRA for understating the amount of total commissions they charged to customers in trade confirmations and on fee schedules.
September 01, 2011
How Much Is Too Much?As I’m sure is true for many of you, one of my favorite pastimes is reading up on the latest FINRA changes. Recently, I was reading an article about…
August 24, 2011
FINRA Warns Investors to Beware of Gold Stock ScamsIn an interview with AdvisorOne on Tuesday, S&P gold equity analyst Leo Larkin said the run-up in gold prices may be overplayed in a heated market. At the same time, FINRA warned against scams.