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FINRA Publishes 2018 Report on Examination Findings
Second Annual Report Is the Latest Compliance Resource for Firms Resulting from FINRA360WASHINGTON – FINRA today published its 2018 Report on FINRA Examination Findings, its second annual report...
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SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisors
WASHINGTON — The Securities and Exchange Commission (SEC), Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration...
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FINRA Fines UBS $5 Million for Significant Deficiencies in Anti-Money...
UBS to Pay $15 Million Total Fine to FINRA, SEC and FinCENWASHINGTON - FINRA announced today that it has fined UBS Financial Services Inc. (UBSFS) $4.5 million and UBS Securities LLC (UBSS) $500,000...
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FINRA Publishes Report on Selected Cybersecurity Practices – 2018
WASHINGTON – FINRA today published its Report on Selected Cybersecurity Practices - 2018, a detailed review of effective information-security controls at securities firms.
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FINRA Sanctions Merrill Lynch $6 Million for Selling IPOs to Industry Insiders
IPOs Included Facebook, Inc., General Motors Co., LinkedIn Corp., and Twitter Inc.WASHINGTON - FINRA announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. for improperly...
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Report from FINRA Board of Governors Meeting – December 2018
Board Approves Rule Proposals, Reviews 2019 Budget and Appoints New Public GovernorWASHINGTON – FINRA’s Board of Governors met on Dec. 12-13 at FINRA’s offices in New York, where it approved two rule...
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FINRA Foundation Establishes Nation’s First-of-Its-Kind Grant Program to Help...
Sixteen Libraries in Eight States Each Received $5,000 to Expand Personal Finance Collections and Educate Consumers About Financial Fraud WASHINGTON – This holiday season, the FINRA Foundation is...
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FINRA Fines Morgan Stanley $10 Million for AML Program and Supervisory Failures
WASHINGTON - FINRA announced today that it has fined Morgan Stanley Smith Barney LLC $10 million for anti-money laundering (AML) program and supervisory failures that spanned a period of more than five...
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FINRA Releases 2019 Risk Monitoring and Examination Priorities Letter
WASHINGTON — FINRA today released its 2019 Risk Monitoring and Examination Priorities Letter, highlighting new priorities as well as identifying areas of ongoing concern that FINRA will continue to...
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Market Volatility Drives FINRA’s Volume to New Record in 2018
/*-->*/ /*-->*/Daily Market Activity Soars 87 Percent to New Record28 of the 30 Most-Active Dates in History Occur in 4Q 2018New High of 135 Billion Records/Day Almost Quadruples 2017’s Daily...
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FINRA Working Paper: High Broker-Affiliated ATS Order Routing Associated with...
WASHINGTON –Institutional orders routed by brokers that send a relatively high percentage of such orders through affiliated alternative trading systems (ATSs) tend to receive lower order fill rates and...
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FINRA Launches New Initiative for Member Firms to Self-Report 529 Savings...
Fines to be Waived for Firms Notifying FINRA by April 1; Initiative Stresses Restitution and Rapid Remediation
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FINRA Foundation Seeks Applicants for Military Spouse Fellowship
Fellows Provide Military Service Members and Their Families with Financial Counseling and Education Services While Earning Professional AFC® CredentialWASHINGTON — Starting today, the FINRA Investor...
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FINRA Fines Cantor Fitzgerald $2 Million for Regulation SHO Violations and...
Firm Required to Retain an Independent ConsultantWASHINGTON – FINRA announced today that it has fined Cantor Fitzgerald & Co. (Cantor) $2 million for Regulation SHO (Reg SHO) violations and...
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Report from FINRA Board of Governors Meeting – February/March 2019
Board Approves Rule Proposals, Engages with Boca Raton-Area Firms
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FINRA Proposes Disseminating New-Issue Reference Data for Corporate Bonds
TRACE to Serve as Centralized Source for Consistent, Timely, Accurate Security InformationWASHINGTON — FINRA today filed with the U.S. Securities and Exchange Commission a proposal to expand its...
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FINRA Foundation and ALA Announce 50 Public Libraries to Host Thinking Money...
WASHINGTON, D.C. – To kickoff April as Financial Literacy Month, the FINRA Investor Education Foundation (FINRA Foundation) and the American Library Association (ALA) today announced the selection of...
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SEC and FINRA to Hold National Compliance Outreach Program for Broker-Dealers
WASHINGTON — The Securities and Exchange Commission (SEC) and FINRA announced today the opening of registration for their 2019 NationalCompliance Outreach ProgramforBroker-Dealers, which will be held...
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FINRA Forms Office of Financial Innovation, Announces Haimera Workie as Head
WASHINGTON – FINRA today announced the formation of an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by FINRA...
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FINRA Orders Buckman, Buckman & Reid to Pay Approximately $205,000 in...
Firm Owner Sanctioned for Failing to Supervise Two Registered Representatives
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