FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA to SEC: Act on fiduciary, or we’ll make our own disclosure rules
By Melanie WaddellFINRA CEO Richard Ketchum called on the SEC to act quickly to put brokers and advisors under a uniform fiduciary standard.
May 21, 2013
FINRA Fines LPL $9M for Failing to Monitor EmailsFINRA announced Tuesday that it fined LPL for 35 separate, significant email system failures, and for making material misstatements to FINRA during its investigation.
May 17, 2013
Schwab Backs Off on Class-Action Ban—for NowCharles Schwab on Thursday said it would lift a ban on client class-action suits until all legal and regulatory challenges were resolved.
May 16, 2013
Dale Brown: The 2013 IA 25 Extended ProfileWhen reminded that this is the seventh year that hes been named to the IA 25, Dale Brown was quick to give kudos to his entire team, noting that the Financial Services Institutes success doesnt hinge on his abilities alone.
May 16, 2013
SEC, FINRA Enforcement Roundup: Husband and Wife Divert Funds to Buy HomeThe SEC filed charges against a husband and wife, who are executives of China-based RINO International Corp., and FINRA fined and censured Deutsche Bank Securities for reporting failures.
May 14, 2013
Richard Ketchum: The 2013 IA 25 Extended ProfileFINRA CEO Ketchum says that the regulator continues to believe current levels of advisor oversight and exams are "unacceptable and a risk to investors."
May 10, 2013
SEC, FINRA: Beware pension, settlement income stream dealsIn a joint alert, investors were warned about what to do before buying or selling pension or settlement income streams.
May 10, 2013
SEC, FINRA: Beware pension, settlement income stream dealsIn a joint alert, investors were warned about what to do before buying or selling pension or settlement income streams.