FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Orders Review of Wells Fargo Arb Ruling That Was Struck Down in Court
By Melanie WaddellA judge ruled that Wells Fargo had manipulated the arbitrator selection process.
February 15, 2022
Judge Awards $900K to Eye Doctor Bilked by ex-Wells Fargo AdvisorThe former rep was arrested in October in the theft of over $2.86 million from five clients.
February 15, 2022
6 Top Form CRS Failures FINRA Found in 20212021 was the first full calendar year in which FINRA examined how broker-dealers have implemented the rule.
February 11, 2022
Ex-Schwab Rep Who Bilked His Dad, Other Clients Gets 16-Plus Years in PrisonThe former broker pleaded guilty to defrauding 12 investors out of more than $3.3 million.
February 11, 2022
6 Top Reg BI Compliance Failures: FINRAIn the first full year of exams on Regulation Best Interest, here's where BDs fell short.
February 09, 2022
FINRA to Update Variable Annuity Exam QuestionsOne question may be about how a firm supervises annuity buyouts.
February 09, 2022
5 Hot Topics for FINRA Exams in 2022FINRA says it plans to home in on these emerging compliance areas where it found deficiencies in 2021.
February 07, 2022
Ex-Cambridge Rep Gets 3-Year Prison Sentence for Stealing $472K From ClientsThe former broker pleaded guilty in September to second-degree theft by unlawful taking for scamming 24 investors.