FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ex-Broker Gets 7 Years in Prison Over $2.4M Scam Targeting Older Clients
By Jeff BermanThe ex-broker told investors they were funding a shopping app but spent their money on gambling, jewelry and other items, prosecutors said.
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.
February 02, 2022
Wells Fargo 'Manipulated' FINRA Arbitration Process: JudgeFINRA allowed one lawyer to "secretly red line" the list of arbitrators under consideration, according to a ruling.