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FINRA Solicits Comment on Proposed Rules Addressing Financial Exploitation of...
FINRA issued Regulatory Notice 15-37 requesting comment on proposed rules addressing the financial exploitation of seniors and other vulnerable adults.
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FINRA Issues Investor Alert—Sorry, This One's Not a Winner: Don't...
FINRA issued a new Investor Alert, Sorry, This One's Not a Winner: Don't Get Fooled by a Lottery Scam. FINRA is publishing the alert to warn investors about scammers who contact investors with promises...
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FINRA Sanctions 12 Firms a Total of $6.7 Million for Failing to Apply Sales...
FINRA announced today that it has ordered 12 firms to pay restitution totaling more than $4 million and fines totaling more than $2.6 million for failing to apply available sales charge discounts to...
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FINRA Issues Investor Alert—Binary Options: These All-Or-Nothing Options Are...
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today issued a new Investor Alert, Binary Options: These All-Or-Nothing Options Are All-Too-Often Fraudulent. FINRA published the alert...
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FINRA Orders an Additional Five Firms to Pay $18 Million in Restitution to...
FINRA announced today that it has ordered five firms to pay restitution estimated at more than $18 million, including interest, to affected customers for failing to waive mutual fund sales charges for...
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FINRA Chairman and CEO Rick Ketchum to Retire in 2016
FINRA said today that Chairman and CEO Richard Ketchum, 64, has announced his plan to retire in the second half of 2016. The Board of Governors will conduct a search for his successor that will take...
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FINRA Issues Investor Alert—Tools of the Fake IRS Scam: Phones and Emotions
FINRA today issued a new Investor Alert—Tools of the Fraud Trade: Phones and Emotions—to warn investors not to send money or provide personal information associated with a widespread Internal Revenue...
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FINRA Fines Scottrade $2.6 Million for Significant Failures in Required...
FINRA announced today that it fined Scottrade, Inc. $2.6 million for failing to retain a large number of securities-related electronic records in the required format, and for failing to retain certain...
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FINRA Fines Deutsche Bank Securities Inc. $1.4 Million for Violating...
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Deutsche Bank Securities Inc. $1.4 million for violating Regulation SHO, FINRA's short interest...
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FINRA Files Complaint Charging Cantone Research Inc., President Anthony...
Alleged Misrepresentations Tied to Christopher Brogdon in Sales of $8 Million in Promissory Notes
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SEC, FINRA, MSRB to Hold Compliance Outreach Program for Municipal Advisors
WASHINGTON — The Securities and Exchange Commission, Financial Industry Regulatory Authority (FINRA), and the Municipal Securities Rulemaking Board (MSRB) today announced the opening of registration...
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Corporate Bond Liquidity Healthy by Most Measures: FINRA Research
FINRA today issued new research that provides a deep and focused look at the state of liquidity in the U.S. corporate-bond market.
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FINRA Arbitration Task Force Issues Final Report
FINRA Dispute Resolution task force has issued its final report with recommendations detailed in the Final Report and Recommendations of the FINRA Dispute Resolution Task Force.
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FINRA Announces New Public Board Member
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) has named a new Public Governor – Charles I. Plosser, former President of the Federal Reserve Bank of Philadelphia – to its Board of...
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FINRA Sanctions Fidelity Brokerage Services LLC $1 Million for Supervisory...
Firm Failed to Follow Up on Red Flags to Detect or Prevent Theft of Funds From Senior Investors by Fraudster Posing as Fidelity Broker
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FINRA, SEC Issue Investor Alert: 10 Questions Investors Should Ask About...
WASHINGTON — As a growing number of securities firms are marketing and offering securities-backed lines of credit (SBLOCs) to investors, the Financial Industry Regulatory Authority (FINRA) and the...
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FINRA Sanctions Cantor Fitzgerald & Co. $7.3 Million for Selling Billions...
Trader and Supervisor Suspended and Fined
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FINRA Fines Macquarie Capital (USA) Inc. $2.95 Million for Submitting...
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today announced it has censured and fined Macquarie Capital (USA) Inc. $2.95 million for failing to provide complete and accurate trade...
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FINRA Sanctions Barclays Capital, Inc. $13.75 Million for Unsuitable Mutual...
FINRA announced today that it has ordered Barclays Capital, Inc. to pay more than $10 million in restitution, including interest, to affected customers for mutual fund-related suitability violations....
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FINRA Releases Report on its Securities Helpline for Seniors
FINRA today released a year-end report on the FINRA Securities Helpline for Seniors 1-844-57-HELPS (1-844-574-3577), which has fielded more than 2,500 calls and helped investors recover nearly $750,000...
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