FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA Warns BDs of Reg BI Obligations on Complex Products
By Melanie WaddellFINRA is seeking feedback from BDs on how they're handling complex products as it weighs changes to the rules.
March 01, 2022
FINRA Alerts Broker-Dealers to Russia SanctionsFINRA issued two alerts urging BDs to review sanctions against financial institutions as well as debt and equity offerings.
February 25, 2022
Wells Fargo Appeals FINRA Arb Ruling Struck Down in CourtWells Fargo is appealing a Georgia judge's ruling that Wells Fargo and its counsel manipulated FINRA's arbitrator selection process.
February 24, 2022
Ex-Broker Gets 2 Years in Prison for Social Security Fraud, Stealing From ChurchThe former advisor was convicted of stealing more than $370,000 in disability benefits and $20,000 from a church.
February 23, 2022
FINRA Warns of Sixfold Increase in Romance ScamsThe largest reported losses to these scams in 2021 were paid in cryptocurrency, according to the Federal Trade Commission.
February 18, 2022
FINRA Orders Review of Wells Fargo Arb Ruling That Was Struck Down in CourtA judge ruled that Wells Fargo had manipulated the arbitrator selection process.
February 16, 2022
Ex-Broker Gets 7 Years in Prison Over $2.4M Scam Targeting Older ClientsThe ex-broker told investors they were funding a shopping app but spent their money on gambling, jewelry and other items, prosecutors said.
February 16, 2022
FINRA Expands Firms' Power to Curb Senior ExploitationEffective March 17, firms will be able to place temporary holds on securities transactions when they suspect abuse.