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Finra launches office to focus on fintech
Office of Financial Innovation to help regulator keep pace with technology.
Finra suspends former star LPL rep who borrowed client cash
Regulator says James E. 'Jeb' Bashaw borrowed $200,000 from a client in 2013 without telling LPL.
Finra panel awards $815,000 to National Asset Management client over fiduciary breach
But arbitrators said 30% of the fault lies with the 'negligent' claimants.
Finra reminds brokerages of a client’s right to a straight answer
It's all about transparency: New guidance could help brokers on the move retain loyal clients.
Finra bars former Aegis broker for churning
James Schwartz made 256 unauthorized trades in accounts of four clients.
Investigation into LPL broker’s eBay business leads to bar
After Renee Altamirano declines to appear at a hearing, Finra bars her.
Rep barred for lying about variable annuity sales practices
Frederick Holloway impersonated clients and altered documents, Finra says.
Finra guidance could help departing reps hang onto clients
If clients ask, firms must give them contact information for their former brokers
Finra bars former LPL broker over possible loans from clients
James Bylenga declined to take part in an inquiry into his conduct.
Commonwealth case against Ohio National should be arbitrated, court rules
Broker-dealer's claim involves insurer's decision to stop paying trail commissions.
Finra fines former LPL rep $5,000 over viatical sale
LPL terminated Scott Klor in 2017 for violating firm policies.
Fintech has opportunity to hire diverse workforce
Startups more likely than established firms to tackle diversity.
Regulators assure industry CAT will not expose consumer data
SEC chairman Clayton says the agency will come to an agreement with the industry over what information to collect on equity trades.
Former Merrill Lynch banker fined $10,000 over doctored expenses
Finra suspends Prabir Purohit, who left firm in 2016, for one year.
‘Whopper’ UBS broker sentenced to prison for Puerto Rico bond fraud
Jose Ramirez pleaded guilty to misusing credit lines to purchase securities.
Robert Cook says Finra doesn’t levy fines to balance budget
Regulator's CEO says the agency has "extra cash in the till," referring to excess reserves to fill any shortfall.
Finra budget to keep fees steady in 2019
Critics worry the regulator might be sending mixed messages about any dependence on fines.
The U.S. retirement system is far too complex
In some instances, there are as many as five regulators overseeing 401(k) plans.
Finra panel dismisses $100 million case involving drop in Merrill Lynch stock
Former brokers bringing charges related to stock losses during financial crisis have had 15 cases proceed, 4 stopped so far.
Regulatory amnesty opens advisers’ eyes to past wrongs
SEC, Finra shining spotlight on problems that can no longer be overlooked.
