FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ex-Fidelity Rep Suspended, Fined Over Outside Business Activity
By Melanie WaddellThe rep made $13,000 selling an automated trading algorithm, FINRA said.
November 12, 2025
FINRA Bars Ex-Spartan Capital RepRonald Smith failed to provide all requested information, including electronic communications, concerning excessive trades, FINRA said.
November 10, 2025
Ex-Merrill Rep Suspended Over Outside Business ActivityJeremiah Householder referred four customers to a third-party lender owned by his brother-in-law, FINRA says.
November 07, 2025
FINRA Bars Ex-Morgan Stanley Rep Fired for Recommending Unapproved InvestmentsEric Brian Kleiner also failed to fully disclose an outside investment, according to the regulator's order.
November 07, 2025
Ex-Morgan Stanley Rep Suspended Over Transfers From Wife's IRAFINRA suspended Milwaukee-based Michael J. Schmidt for two months and fined him $5,000.
November 03, 2025
BD Hit With $80K Fine Over Annuity Switches, Background Checks: FINRASupreme Alliance failed to supervise purchases of deferred variable annuities and rates of VA exchanges, the order states.
November 03, 2025
First Trust Portfolios to Pay $10M Over Excessive Gifts to RepsFirst Trust preconditioned gifts on reps of client frms achieving sales targets, FINRA said.
October 31, 2025
FINRA Bars Ex-Transamerica Rep Fired for Alleged Outside Business ActivityGeorge Ndifor Jing refused to provide documents and information requested by the regulator, according to the order.