FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
October 05, 2022
Barclays Hit With $2M Fine Over Best Execution FailuresThe firm routed customers' orders first to its own alternative trading system unless they opted out, FINRA said.
September 30, 2022
Big BDs Could Face Heftier Fines Under New FINRA Rules"This is one of the most significant revisions to the Sanction Guidelines in decades," a former FINRA enforcer says.
September 26, 2022
Here's What Gets Brokers Barred, According to FINRAThe regulator brings about 400 to 500 cases a year against individual brokers, its deputy enforcement chief says.
September 23, 2022
Our Clients Want Us to Text Them. Here's How.Texting comes with regulatory challenges, but it's clients' preferred communication method.
September 23, 2022
Raymond James Fined $500K Over Rep Who Stole From WWII VetThe firm failed to supervise the rep, who was later sentenced to five years in prison, the SEC said.
September 22, 2022
Ex-CNBC Guest Analyst and Advisor, Thought to Be in Hiding, Is Charged With FraudJames Arthur McDonald Jr. allegedly lost millions of dollars of client funds in risky trading and misappropriated millions more.
September 21, 2022
Advisor Charged With Securities Fraud in Insider Trading SchemeAn advisor allegedly traded after a friend discussed a potential acquisition at the company he worked for.
September 19, 2022
Ex-Morgan Stanley Broker Pleads Guilty to $7M Ponzi SchemeShawn Edward Good bought at least five luxury cars with clients' money, according to prosecutors.
September 16, 2022
FINRA Takes 'First Step' to Improve Arbitrator Selection ProcessFINRA has filed a proposed rule change to provide greater transparency and consistency in arbitrator list selection.
September 14, 2022
SEC Charges Advisor With Stealing Over $743K From Clients, Including MLB PlayerThe fund transfers were used to pay for charges on his dead mother's American Express card, according to the SEC.