FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
SEC Hit These 6 Firms With Reg BI Fines in 2024
By Melanie WaddellThe SEC cracked down this year after industry complaints that FINRA was taking the lead.
October 16, 2024
Client Sues Barred Broker Over 'Devastating' Life Insurance PlanBarred brokers selling complex life insurance plans is a growing problem, the client's lawyer says.
October 16, 2024
Ex-Ameriprise Broker Sanctioned Over Leveraged ETFsGeorge Snyder IV recommended ETFs not typically advised for retail investors, FINRA says.
October 16, 2024
Citadel Securities to Pay $1M Over CAT Reporting FailuresCitadel Securities fell short on reporting data for tens of billions of order events, FINRA says.
October 15, 2024
Ameriprise Says LPL Urged Advisor to Improperly Lure ClientsLPL's "regular pattern and practice is to encourage recruits to violate their contractual agreements," Ameriprise alleges.
October 11, 2024
Citi: Advisor Improperly Lured Clients to Move Millions to Wells FargoMichael Fowler contacted clients multiple times to solicit them to switch firms, Citi alleges.
October 09, 2024
FINRA Bars Former Morgan Stanley AdvisorRobert Daly declined to provide information for a probe related to possible undisclosed private securities transactions, FINRA said.
October 08, 2024
FINRA Bars Ex-Rep Ousted for Outside Business ActivityA former New York Life Securities rep charged fees for outside services that he failed to disclose.