FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Merrill Lynch to Pay $825K Over Best Execution Issues
By Melanie WaddellMerrill failed to reasonably supervise equity orders in the firm's electronic systems to ensure they were executed promptly, FINRA said.
May 02, 2024
FINRA Files to Extend CE Deadlines for Brokers on a BreakBrokers who left the industry would have more time to complete CE requirements under FINRA's Maintaining Qualifications Program, or MQP.
April 30, 2024
RBC Capital Markets to Pay Nearly $800K Over Trade ConfirmationsThe firm sent 940,000 inaccurate trade confirmations to customers and failed to send millions more, according to FINRA.
April 29, 2024
TD Ameritrade Hit With $600K FINRA Fine Over Options Trading ApprovalsThe brokerage's automated system for approving customers for options trading failed to detect red flags.
April 22, 2024
FINRA Is Stepping Up Reg BI Actions, Enforcement Chief SaysThe regulator has brought cases on Form CRS, excessive trading and variable annuities, Bill St. Louis says.
April 16, 2024
Advisor on FBI's 'Most Wanted' List Arrested on Fraud ChargesAuthorities say William Jack Berg defrauded his clients, using their $1.5 million for his own benefit.
April 11, 2024
Fiduciary Rule Meetings Disappointed Agent GroupsAnalysts appear to be rubber-stamping the draft, the National Association of Insurance and Financial Advisors said.
April 08, 2024
FINRA Suspends Ex-Rep Over Reg BI ViolationsOver an 11-month period the rep effected 91 trades in the account of a customer in her early sixties.