FINRA

It’s the ultimate defense:  that FINRA lacks the legal authority to enforce securities laws.   And that is the nub of a novel complaint recently filed ...

It may be time to review your policies on maintaining the privacy of customer information obtained from newly hired brokers.   That’s the lesson from ...

Remarks From the SIFMA Anti-Money Laundering and Financial Crimes Conference

Last year, FINRA ratcheted up fines for firms falling short on their Form U4 reporting obligations. It’s not done yet.   RBC Capital Markets agreed ...

For years, Robert Lansing Hicks wore multiple hats at Finance 500, an Irvine, Calif., brokerage he started in 1982. A recent settlement with FINRA suggests ...

FINRA cracked down hard last year on firms that did not do right by their customers. In 2015, the regulator slammed offenders with $46.3 million ...

Testimony Before the Subcommittee on Securities, Insurance and Investment, United States Senate

We’ve written about the perils of getting sued for defamation over Form U5 statements, and how to minimize your exposure (IA Watch, June 9, 2015; ...

In its 2016 exam priorities, FINRA says it will focus on private placements, including suitability, disclosure and due diligence. No surprise there. Private placements have ...