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Growing threat of new accounts being opened online or through mobile apps using stolen or synthetic identities
Typically, the SRO brings roughly 400 to 550 enforcement actions against individual brokers in a given year
The guidelines were revised in seven respects and detail what are considered the "most serious violations"
Case calls out need to lock down the supervision of employee' business-related text messages, including those involving senior management
Financial Services' Republicans see 'a backdoor accredited investor standard'
Increase in electronic trading a factor in FINRA proposing reducing the trade reporting timeframe for TRACE-eligible securities
If approved, the amendments would extend FINRA oversight to potentially dozens of additional broker-dealers
SRO has seen an increase in the number of reps forging or falsifying customer signatures through third party digital signature platforms
"required FINRA membership for many of these currently-exempt firms would help enhance robust and consistent oversight"