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WASHINGTON - FINRA announced today that a FINRA extended hearing panel has expelled Salt Lake City-based broker-dealer Alpine Securities Corp. from FINRA membership, and ordered the firm to pay more...
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Outreach Follows Recent Efforts to Expand Opportunities for ParticipationWASHINGTON – FINRA today issued Special Notice 3/31/22 to encourage securities industry professionals and non-industry...
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SPACs, Margin Debt and CAT Among New Data CategoriesWASHINGTON – FINRA today published the 2022 FINRA Industry Snapshot, the annual statistical report on the brokerage firms, registered representatives...
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WASHINGTON—FINRA announced today that it has fined two FINRA-registered funding portals a combined $1.75 million for failing to comply with securities laws and rules designed to protect crowdfunding...
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Board Approves Rulemaking Items and Annual Financial Report; Appoints New Members to Advisory CommitteesWASHINGTON—FINRA’s Board of Governors held its second meeting of the year on May 11-12 in Fort...
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WASHINGTON— FINRA announced today that it has ordered Merrill Lynch, Pierce, Fenner & Smith, Inc. to pay more than $15.2 million in restitution and interest to thousands of customers who purchased...
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WASHINGTON—FINRA announced today that it has appointed Michael Solomon as Senior Vice President of Examinations. Solomon will assume this role on June 6 and report to Greg Ruppert, Executive Vice...
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NSC Ordered to Pay Over $625,000 in Restitution to Customers Who Bought GPB Capital Private Placements After NSC Failed to Inform Them of Material InformationWASHINGTON—FINRA announced today that it...
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Report Finds No Evidence of Improper Agreement to Remove Arbitrators From Cases; FINRA to Implement Recommendations to Provide Greater TransparencyWASHINGTON – FINRA today published the report of...
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Regulator’s First Enforcement Actions for Online CheatingWASHINGTON — FINRA announced today that it has barred Brandon Autiero of New Jersey and Harris Kausar of New York from the securities industry...
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WASHINGTON – On many measures of financial capability, U.S. adults generally fared better in 2021 than in the decade leading up to the pandemic, according to the FINRA Investor Education Foundation’s...
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New paper is a catalyst for a cultural shift to end the practice of blaming fraud victims for the crimes they experiencedWASHINGTON — A new report from the AARP Fraud Watch Network and FINRA Investor...
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Linde Murphy Re-Elected as Small-Firm GovernorMoira Kilcoyne and Fabiola Arredondo Appointed as New Public GovernorsCamille Busette and Ethiopis Tafara Re-Appointed as Public GovernorsWASHINGTON – The...
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WASHINGTON—FINRA announced today that it has promoted Nathaniel Stankard to Executive Vice President and Chief of Staff to the CEO for Regulatory Operations, effective immediately. In this new role,...
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Firm Failed to Report Over-the-Counter Options Positions in More Than 7.4 Million InstancesWASHINGTON—FINRA announced today that it has fined BofA Securities Inc. (BofAS) $5 million for failing to...
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WASHINGTON— FINRA announced today that it has ordered Merrill Lynch, Pierce, Fenner & Smith, Inc. to pay more than $15.2 million in restitution and interest to thousands of customers who purchased...
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WASHINGTON—FINRA announced today that it has appointed Michael Solomon as Senior Vice President of Examinations. Solomon will assume this role on June 6 and report to Greg Ruppert, Executive Vice...
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Board Approves Rulemaking Items, Hosts Securities and Exchange Commission OfficialsWASHINGTON—FINRA’s Board of Governors held its fourth meeting of the year—the first with Eric Noll as Chair—on Sept....
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Revisions to the Sanction Guidelines Create New Fine Ranges Specific to Firm Sizes and Individuals, Reflect FINRA’s Enforcement PrioritiesWASHINGTON—FINRA announced today that the National Adjudicatory...
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