Financial Industry Regulatory Authority (FINRA)
Watch breaking news videos and read news updates about Financial Industry Regulatory Authority (FINRA) on investmentnews.com
Finra's Susan Axelrod: Finding a job you love is what matters
My professional life started on Wall Street — a male-dominated environment that has evolved a lot over the course of my career — and that has shaped who I am personally and professionally.
Finra to seek a 'significant fine' from MetLife over variable annuity sales
Regulator focuses on potential violations regarding misrepresentations, suitability, and supervision
Ex-Ameriprise adviser gets 7 years in the slammer for bilking clients
Breakfast with Benjamin: Susan Elizabeth Walker was sentenced to more than seven years in prison for taking over $1 million from clients' accounts.
Finra official says agency there to discipline, not punish
Finra says it is more interested in supervisory lapses, suitability issues with complex products and selling away than big-money fraud.
Investor lawyers say Finra moving too quickly on arbitration unit
Plaintiffs' attorneys representing investors are calling on Finra to slow down a proposal that would bring its dispute resolution arm back in house.The Public Investors Arbitration Bar Association said that the industry-funded broker-dealer regulator has not provided enough time to comment on the
Finra arbitration cases are down, but the rest of the year may tell another story
A former Finra director says wild market gyrations over the summer will induce cases that could take months to fully reveal themselves.
Another five firms ordered to pay $18M for mutual fund overcharges
Finra says Edward Jones, Stifel Nicolaus, Janney Montgomery Scott, Axa and Stephens failed to waive sales charges for certain retirement accounts and charities.
Finra efforts fail to reduce brokers' record-cleansing: PIABA
Between 2012-14, expungement was granted in 87.8% of cases in which it was sought, according to the Public Investors Arbitration Bar Association.
Finra sanctions a dozen IBDs $6.7 million for breakpoint snafus
Finra ordered a dozen firms to pay restitution and fines totaling $6.7 million for failing to give clients discounts for large purchases of unit investment trusts.
Former adviser agrees to $2 million settlement in scheme to defraud mostly elderly clients
Michael Donnelly admitted he never invested the client funds he received, using them for business and personal expenses.
Regulators target free lunches for elderly clientele
Concerns involve linkages between these prospecting meals — popular with seniors — and sales of high-fee investment products.
SEC approves rule requiring BrokerCheck links
SEC will require brokerages to include a 'readily apparent reference and hyperlink' to the database on home pages and broker profiles.
Mandatory arbitration reform on the docket at CFPB
Experts in the financial industry question what spillover effect it will have on such clauses for brokers.
State regulators, Finra, SIFMA propose fee disclosure model for brokers
State regulators, Finra, SIFMA say their approach would clarify charges to investors, yet commissions and advisory fees are left out of the plan.
Finra board to consider tougher expungement guidance to arbitrators
Inserting strong language into rules, such as that wiping clean a broker's record should only be considered 'an extreme remedy,' could give it more weight.