Displaying 1932 results
Financial industry groups oppose adding exam scores to BrokerCheck
Both SIFMA and FSI cautious about Finra proposal to strengthen its database.
Fixed annuity sales receiving added scrutiny from Finra
With broker-dealers selling a bigger share of indexed annuities, securities regulators are taking a closer look at policies…
Deeper broker background checks are necessary
Implementing a rule that would require mandatory background checks on new brokers could help uncover crucial information
Finra fines Berthel Fisher $775,000 for compliance failures
Regulator said IBD didn't adequately train or supervise brokers selling alternative investments and nontraditional ETFs .
Finra to examine broker-dealers for cybersecurity threats
Taking a lead from the SEC, the regulator seeks to understand dangers that lurk online. (Don't miss: Which firms are most at risk for cyberattacks?)
Finra goes after algorithmic trading trickery
Today's Breakfast with Benjamin menu: Finra targets trading trickery. Plus: Credit Suisse pleads guilty to tax evasion, dealing with the Fed's giant balance sheet, Treasuries vs. gold and 10 great baseball movies to see this summer.
CARDS proposal poses challenges, unintended consequences
Though well-intended, Finra's plan could come with new security concerns and costs
Finra seeks to beef up use of BrokerCheck
Revives proposal that would require brokerages to link to regulator's database, including disciplinary background info.
Finra agrees to dump expungement agreements
Rule change would stop brokers from placing conditions on settlements stipulating that customers agree not to oppose brokers' move to clear record.
Is Finra pulling its efforts<br>to be the SRO for advisers?
Despite Finra's denials (including one from CEO Richard Ketchum just last week), some believe the regulator still wants to be the SRO for advisers.
Finra right to watch indexed annuities
While there is no evidence yet that broker-dealers are taking advantage of investors, the potential for harm remains.
In this Finra program, the eyes have it
A new initiative has the regulator looking at private placements more closely and in real time.
Global markets start to realize the risks of Russia’s move into Ukraine
Friday's menu: Investors waking up to Putin's Russia risks. Plus: Russia's debt downgraded as Kerry issues another warning; U.S. manufacturing comes back (but housing has not); how about this call: gold to hit $5,000 an ounce; the SEC starts to dissect liquid alt funds; and how sanctions are supposed to work.
Investor, consumer groups call on Finra to release more arbitration data
As task force reviews process, regulator pushed to fess up on selection of arbitrators, award collections and case statistics.
Finra moves ahead with BrokerCheck, arbitration and expungement efforts
At its board meeting, the regulator put out for public comment changes to how firms link to its BrokerCheck database. It also backed changes to how it defines arbitrators and moved to prohibit firms and brokers from putting conditions on settlements.
Investment adviser lobbyist: Finra will renew effort to become adviser SRO
Regulator is 'playing the long game,' sees advisers as regulatory and revenue opportunity, IAA's Neil Simon says.
FSI opposes Finra proposal for automated account information collection
CARDS would pose risks and challenges to its members, broker-dealer group contends.
Finra’s BrokerCheck comes under fire
Database omits bankruptcies, tax liens, and other vital information, lawyers group claims
Finra approves rule to redefine public arbitrators
Regulator will send a proposal to the SEC that could limit those with industry ties from serving on panels.
DOL fiduciary opponents point to UK experience to bolster their case
A ban on financial advisers' charging commissions in the United Kingdom has driven investors with small accounts out of the advice market, according to a mutual fund official in Europe, something that Department of Labor fiduciary opponents argue could happen here.
