FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Brokers Beware: Clients and Prospects Can Easily Find Your Disciplinary Histories on the Web
By William H. ByrnesWill FINRA’s new web-accessible discipline database be a benefit or burden to your brokerage business?
May 24, 2011
FINRA's Ketchum: Disclosure a 'Key Ingredient' to Fiduciary Duty, but Not Sufficient AloneRichard Ketchum, chairman and CEO of FINRA, said on Tuesday that as the industry moves toward a unified fiduciary standard for brokers and advisors that while disclosure is a “key ingredient” that’s needed to address fiduciary issues, disclosure “alone is not sufficient.”
May 24, 2011
FINRA Fines Nuveen Investments $3 Million for Misleading MarketingFINRA has fined Nuveen Investments, the largest manager of closed-end funds, $3 million for creating misleading ARPS brochures in 2008.
May 24, 2011
Understanding FINRA’s New Rules on Trading Low-Priced EquitiesFINRA has issued guidance on price volatility regarding low-priced equity securities in customer margin and firm proprietary accounts.
May 23, 2011
MSRB, FINRA, SEC Work Together on Dodd-Frank Rules and Enforcement‘We’re dealing with other people’s money here,’ MSRB Chairman says.
May 20, 2011
Four-Year High in FINRA Enforcement Actions, Says Enforcement ChiefNearly 450 cases have been brought through April, and amount of fines has increased, says FINRA's Bradley Bennett.
May 17, 2011
FINRA Launches Online Disciplinary Action DatabaseThe Financial Industry Regulatory Authority (FINRA) launched on Monday the FINRA Disciplinary Actions Online database, a web-based searchable system allowing investors to access brokers disciplinary actions via FINRAs website.
May 01, 2011
UBS to Pay FINRA Fine and Restitution to Investors in Lehman PPNsUBS Financial Services Inc. will pay a fine of $2.5 million to FINRA and $8.25 million to investors as restitution to settle FINRA charges “for…