FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC, FINRA Enforcement Roundup: Phony Broker Charged for Soliciting $500M
By Marlene Y. SatterAmong recent actions by the SEC and FINRA were charges against a private equity firm, a former executive and an unregistered broker over some $500 million in improper investment solicitations.
March 06, 2013
FINRA’s Proposed Broker Recruitment Bonus Rule Makes Strange BedfellowsSIFMA and NAIFAs comment letters on FINRAs proposed rule on disclosing bonuses paid to brokers to switch BDs agree with me. Now Im worried.
March 06, 2013
FINRA’s Broker Bonus Rule Seen as ‘Done Deal’ With SIFMA OKSecurities lawyer Patrick Burns told AdvisorOne that with SIFMA's support, the proposals chances of becoming a new rule seem to be a done deal.
March 05, 2013
The Client Newsletter: Canned or Customized?The client newsletter costs money and time to produce, but fail to put it out and you have dispensed with a valuable communication tool.
March 05, 2013
NASAA to Push SEC User Fees, ‘Stay On Guard’ Against FINRA SROChief among state securities regulators legislative agenda this year will be pushing SEC user fees, not a FINRA SRO, to better regulate advisors, NASAA President Heath Abshure said Tuesday.
March 04, 2013
FINRA fines Ameriprise $750,000The fine relates to a prior enforcement action FINRA levied against a former Ameriprise registered representative.
March 04, 2013
FINRA fines Ameriprise $750,000The fine relates to a prior enforcement action FINRA levied against a former Ameriprise registered representative.
March 04, 2013
FINRA Slaps Ameriprise for Rep’s Wire Transfer FraudFINRA said Ameriprise and its clearing firm missed several red flags, including transfers to accounts in the broker's name.