Displaying 1932 results
Finra report hints at trouble with L-share variable annuities
Regulators question why investors would pay more for additional liquidity on a long-term product.
Finra would have special arbitrators make expungement decisions
Regulator also seeks to set one-year limit from time a case closes to request a hearing.
Finra censures Investacorp for laxity on fund sales
Ladenburg Thalmann subsidiary agrees to pay restitution of almost $250,000 for overcharges.
Next Financial whacked (once again) by Finra
Firm is back in hot water for poor supervision of VA sales, among other violations
Finra: Firms begin to heed cybersecurity, but have much to do
Vulnerabilities include access-management systems and people processes, according to report on exam findings.
Finra notes compliance pitfalls in first-time release of exam findings
Broker-dealer self-regulator summarizes deficiencies on areas including product suitability, cybersecurity
Legislation to combat elder financial abuse advances in Senate
Senate Banking Committee approves measure as part of larger Dodd-Frank reform bill.
Finra says BB&T overcharged retirement plans, charities
Firm censured, agrees to provide remediation to clients affected.
Texas broker-dealer that sold troubled REIT to close
IMS was the wholesaler in charge of selling United Development Funding IV, which is under investigation by the FBI.
Finra needs to get serious about its pledge to protect investors
This is not the first time the regulator has been called out on the makeup of its board.
Former H.D. Vest broker barred for noncooperation
Finra was investigating whether Brian Royster borrowed from clients.
Finra bars no-show former Raymond James bank broker
Edward Zadworny failed to provide information in connection with annuity sales.
Finra updates and enhances Fund Analyzer tool
Advisers and investors will get better look at costs in 30,000 products
Retired Morgan Stanley rep fined for unsuitable advice
Timothy Gibbons over-concentrated elderly clients in energy investment.
Finra bars no-show ex-Woodbury rep
Regulator wanted to investigate Robert Hoffmann's trading recommendations.
Finra bars ex-broker for private securities deals
Jerry Lou Guttman was with United Planners' Financial Services.
Finra fines Horner Townsend & Kent $275,000 over VA sales
Firm also censured for failure to supervise share class recommendations.
PIABA accuses Finra of conflicts of interest
Public Investors Arbitration Bar Association report slams self-regulator over its picks for board of governors.
Finra panel bars broker for defrauding elderly client
Rep ordered to pay $245,000 in fines and restitution; Legend Securities fined $200,000.
Ex-Merrill rep suspended, fined $10,000 over expense reports
Finra says Sandy Galuppo submitted improper reimbursement requests.
